SellUSDJPYEntry: 83.30 Target: open Stop: later
ithink this pair will fall between 50/72 longer term...............happy day

tokyoRana21:02:39 GMT - 01/09/2011

in oct/nov 2010 if any one remember iwas kept saying short eurusd for 1.3333/1.27777 when it was around 1.37/1.428 range...iwas spoke dubai SAS wave structure in oct isaid eurusd will make new high go above 1.416 then it will fall everyone was jumping short eurusd so early most were long eurusd long for 1.55/1.65.....last year everyone on this forum was jumping in long usdjpy from 95/85 kept losing i was kept saying this is not bullish everyone was buying for 96/106 wat happen about usdjpy maybe remember belgrade TD UK JB and lebanon...........anyways do wat u see........happy day all,

TokyoRana20:46:31 GMT - 01/09/2011

keep in mind comodities demand increasing so donot expect to much usd$ strenth ithink....so gold will push usd$ lower....iwill short eurusd between 1.3777/1.4777 for 1.09 but this is longer term 6months/1year trade.....happy day

TokyoRana20:41:17 GMT - 01/09/2011

to dr unken katt 20:37 ithink eurusd went below 1.297 1st than 1.3785 so ithink its just very bullish case now careful short eurusd before 1.37777/1.477777 ......happy trade,

to dr unken katt 20:28 last week iwas only long usd$ this week im only short $..............happpy day

todr unken katt 20:28:57 GMT - 01/09/2011

when everyone says the same thing the market tends
to take different stand

look even the tokyo guy followin the contrarian s

LondonSMS20:06:08 GMT - 01/09/2011

And Imho i respectfully disagree with your view on EurDlr. I think it'll tank south and keep on going. Everyone's been talking of a bounce since November and whilst the EurDlr has been range trading since then I think the long awaited breakout will be down not up.

todr unken katt 19:36:37 GMT - 01/09/2011

i think it ll start retracin some of the losses , euro has lost 450pips last week

LahoreFM19:19:29 GMT - 01/09/2011

week is starting with eurusd slipping under 1.2900.this pust usd on better footing in general against most currencies.

usdjpy and eurusd apparently where strong usd will be visibly showing strength.

gbpusd audusd and nzdusd can later fall too

LahoreFM18:20:25 GMT - 01/07/2011

nzdusd and audusd just came down for a 2nd oppurtunity to get long.shud be heading higher soon.

LahoreFM14:19:46 GMT - 01/07/2011

Revdax 0.7670 nzdusd and 1.0070 audusd for near term.

HKREVDAX14:14:09 GMT - 01/07/2011

FM//Any near term targets for nzd and aud? Tks

LahoreFM13:45:42 GMT - 01/07/2011

nzdusd to benefit as much as audusd.its also technically ripe for a rise.

LahoreFM13:41:11 GMT - 01/07/2011

audusd best suited to short usd in view of headline being weak.

gbpusd is a buy too while above 1.5460/70

Dubai SAS20:54:08 GMT - 01/06/2011

just a gut feeling that eurgbp might bounce of this support due to the start british weakness more than the euro strength ... lets see how it unfolds ... thanks for your view and GL

LahoreFM20:49:40 GMT - 01/06/2011

SAS
i had a long stopped at 0.8455 today.taken up at 0.8490.now will get bullish only we are above 0.8490 where daily bullish picture reinstates in my humble view.

Dubai SAS20:47:03 GMT - 01/06/2011

FM - Eurgbp @ a good support .. do u have a bias on this ? being thinking about going long the last few hours ..

LahoreFM20:39:24 GMT - 01/06/2011

tt,a bet that upside is not yet all done.

can be wrong too but i am sticking to it.

Chicagott20:36:58 GMT - 01/06/2011

FM is that a bet that 1.30 will hold as technicals broke out to downside today.

LahoreFM20:22:48 GMT - 01/06/2011

BuyEURUSDEntry: 1.3013 Target: 1.3270 for 1/2 Stop: 1.2920
went long.

LahoreFM17:45:25 GMT - 01/06/2011

BuyUSDJPYEntry: 82.60 long order Target: 87.10/89.00 Stop: 81.60
placed orders which will work through nfp too if not filled till then

LahoreFM17:43:16 GMT - 01/06/2011

BuyUSDJPYEntry: Target: Stop:
i closed out longs from 81.65 yesterday at 83.20 and it hasn't come down much since.

day chart here has turned higher too.next we are headed towards 87 to 89 region.

Macau JJ,
I hope your comments were not sarcastic. Some of us have made money following FM's trades. No trader is correct all the time. Moreover FM has a tentative stop loss at 1.3090 and has a longer term view. It's not over until it is over.
FM, how was your EUR long at 1.315 something?

placed the orders.
--
closed half at 82.10 now.sl raised.
--
closed rest of it now at 83.21 for + 156.

LahoreFM08:24:18 GMT - 01/05/2011

BuyEURUSDEntry: Target: Stop:
01/04/2011 17:16:02 FM Lahore 6

Buy EURUSD
Entry: 1.3294 Target: Stop: sl raised to 1.3270
00
stopped on eurusd long for minus 24 though still quite skeptical of any larger selloff.will reentrer a long on rise above 1.3340/50 maybe even sooner.

BuyEURUSDEntry: Target: Stop: 1.3320 for last 1/3rd
stopped out of longs from earlier at 1.3220 for 200 pips and few more.

Richland QCMailman15:56:34 GMT - 01/04/2011

HI folks. Just in case you do not notice it, AU is dancing within a TRIANGLE on the daily chart. Seems that above 1420 is a TOUGH customer (3x failure)... Looks like price with move within 1378 - 1420. Let us see where it will break.

BuyOTHEREntry: 30 Target: 31.80 Stop: 25
Will buy more Silver if it goes lower. Order to double up @ 28.50 if seen.

LondonSMS14:57:37 GMT - 01/04/2011

BuyGoldEntry: There's the Q! Target: Stop:
Anyone have any thoughts? Gold down nearly $40 ! Have left order to buy Silver @ $30. Want to get long gold so welcome your thoughts. FM? You made some great calls (amongst others) on Gold last year....

todr unken katt 14:44:08 GMT - 01/04/2011

im bullish on eur/swiss
tp is the fibo 200pips higher i think ,

nycws14:31:57 GMT - 01/04/2011

Besides FM is anyone else bullish euro? I am not bullish fwiw

LahoreFM13:02:42 GMT - 01/04/2011

BuyEURUSDEntry: Target: Stop:
fresh strength off four hour charts for eurusd will see it to 1.3480 and perhaps marginally higher in this go/

keeping above 1.3370 good for a quick move.

LahoreFM09:01:51 GMT - 01/04/2011

on audcad i closed a third already and lowered stops Revdax!

HKREVDAX09:00:31 GMT - 01/04/2011

FM//when will u be taking profit on your aus/cad?

LahoreFM08:57:27 GMT - 01/04/2011

lovely to know Revdax!

HKREVDAX08:50:05 GMT - 01/04/2011

FM//have been following your footsteps in trading and made some $...cheers!

LahoreFM08:31:11 GMT - 01/04/2011

cheers friend!

jerusalemkb08:30:08 GMT - 01/04/2011

Buy USDCHF
Entry: Target: Stop:

in coming days of the week usdchf will likely long more seriously from 0.9375/80 area.will try to get on.
---------------------------------------
will join same boat

LahoreFM08:07:19 GMT - 01/04/2011

BuyUSDCHFEntry: Target: Stop:
in coming days of the week usdchf will likely long more seriously from 0.9375/80 area.will try to get on.

Lahore FM 21:36 dear brother,thanx same to you im sorry if my post disturbed you......ithink gbp is good buy maybe in few month or few years...im watching gbpjpy around 100/115...happy day,

LahoreFM21:36:57 GMT - 01/03/2011

cheers Rana,many good trades to you!

tokyorana21:36:09 GMT - 01/03/2011

i just have totaly oposite view than you brother.....

tokyorana21:35:15 GMT - 01/03/2011

no problem brother...im going to short soon...iwas short from 83.75 out on friday...

LahoreFM21:32:02 GMT - 01/03/2011

Rana,whatever you may say i will follow my own course which has little to do with what you speak of.i see the same fundas though in the charts.

you can't teach an old dog new tricks,can you?

usdjpy is along for me so is eurjpy from 108.40 area for 112.now if you repeatedly said the opposite it does not change a thing for me.not now not later.for me only the sl is the thing that makes me wrong on the market and i do take the sl and tp both quite humbly!

tokyorana21:24:57 GMT - 01/03/2011

dear brother,ithink usdjpy is short all jpy are short reason is fundamental.....soon usa house data will creat big problem....best way is not short jpy......anyways good luck....happy day,

LahoreFM21:06:47 GMT - 01/03/2011

BuyUSDJPYEntry: 81.65 Target: 84.50 Stop: 81.10
placed the orders.

LahoreFM20:50:17 GMT - 01/03/2011

lolzz..yes i guess.thanx LA BV!

LABV20:45:03 GMT - 01/03/2011

FM you have been on a nice roll when alot of us have been on vacation.

Chicago, be aware mkt is still thin, therefore overly reactive to the slightest thing, as Jay indicated, it's whipsaw and weill be so 'til mkt regains volume and momentum. I'd sit back and watch this week and maybe most of next unless one is into high risk and excitement with small "test" positions that won't cost you much if they go back on you. You can look at last Q trends and techs on dailies as well as present fundamentals to acquire a plan and bias. I'd spend this time reading not pundits but qualified end of year bias and reports and planning a plan A trading board and B escape plan. I find that UBS's ideas don't pan out as well as I want either. Right now I'd try to establish Q1 trend prediction/bias til mkt begins to tell it's own story in mid January.

GVI ForexJay16:22:35 GMT - 01/03/2011

It is hard to find one catalyst as you see here by the light discussion flow. Market is thin and many are still on holiday.

Firm stocks have seen some "risk on" flows (e.g. eur/jpy firmer), a firmer eur/gbp is giving eur/usd some supprot as well (good trade call FM) and US yields are off earlier high (10 yr last 3.35%).

Rana thanx,its a simplistic view that you presented for eurusd weakness.market has more dimensions to it than just fundamental.

in any case if nothing worked i will follow you and try to make some pips.

tokyorana19:04:32 GMT - 01/02/2011

Lahore FM 18:58 dear brother,but we need some solid reason with out reason eurusd wud not go to 1.60 this is for sure.....after all markeet is moving for some reasons....watch wat will be happen in happen europe this month....if we look all the data numbers from europe and situation in europe it does not tell stronger euro it just telling euro more and more weakenness.......remember i kept saying eurjpy wud not close above 112............just 2 cent....happy trade,

LahoreFM18:58:28 GMT - 01/02/2011

Rana bro,no real reason..why was it there the last time?

also i follow charts and my intuition on the charts.

also i don;t care if it goes to 1.60 or 0.60.i will try to make some money wherever it may go.i have no love or affiliation with euro as such.

tokyorana18:55:07 GMT - 01/02/2011

charts is just charts fundamentaly euro still very very very weak...best way donot just trade on charts...happy day,

tokyorana18:53:38 GMT - 01/02/2011

Lahore FM 18:50 dear brother,good morning to u and all......by the way wat is reason for eurusd to go to 1.6?cud u explain if u donot mind....thanx in advance.....happy day,

LahoreFM18:53:13 GMT - 01/02/2011

on daily chart 1.3220 to hold all initial attempts to downside if any happen at all

LahoreFM18:50:44 GMT - 01/02/2011

Mark preferably a rise from gap down open towards 1.3480.

i must also add that there are undercurrents of a major usd selloff on weeklies.eurusd is on crossroads.

we can actually go to 1.60 or higher this year.only condition that we hold above 1.3100 and we then rise above 1.35 this first friday on 7th Jan.

praguemark18:46:00 GMT - 01/02/2011

FM, it looks like eur/usd will gap down at ~1.3350. Do you think we will see 1.34 test one more time on Monday or will it take some time to sonsolidate at 1.33 and below? TIA

LahoreFM18:40:11 GMT - 01/02/2011

Revdax my pleasure.hopefully some repeat performance in coming days too!

HKREVDAX02:09:18 GMT - 01/01/2011

FM//Thank you for your tip to buy GNP. It has made up for the losses I incuured on $/CAD.
Happy New Year!

jerusalemkb20:15:14 GMT - 12/31/2010

I AM VERY SORRY PURK , PLEASE ACCEPT MY APOLOGIZE , I DID NOT CATCH THE THREAD FROM THE BEGINNING.

praguemark18:45:44 GMT - 12/31/2010

will be taken out on Manday

hillegompurk18:42:14 GMT - 12/31/2010

Burps, meat is in... OO(Anda shows 13425.
KB, i did not mention aznything in usd index or whatever, i just trade.

e/u 13424 closed at 13391. 55 pips in total.
Have a happy new year, gourmet is calling and so is my wife.

hillegompurk17:00:34 GMT - 12/31/2010

13415 closed at 13404. 13424 at 13420. 22 pips untill now.

hillegompurk16:28:22 GMT - 12/31/2010

13420 closed. at 13409. fast and f...

hillegompurk16:24:47 GMT - 12/31/2010

Just added 13420. Feelindicator says there is more. Have to catch up with yesterday. My problem seemed to be in my provider. Me and my big mouth sometimes shuts all of a sudden....

hillegompurk16:21:48 GMT - 12/31/2010

hillegom purk 12:42 GMT December 31, 2010
Trade Ideas: Reply
hillegom purk 08:15 GMT December 31, 2010
Trade Ideas: Reply
Yep, one more yawn scenario today just like yesterday. maybe low 13324, than slowly up again for e/u. When all stop s are gone for those who kept shorting at the lows, it will go down for 250, but not today. No money today. I think....
_______________________________________________
Of course nobody listened, low after my post was 13326, now at 13380ish. Now lets see if we can do the yawn scenario again, up till around 13423 or so. If not we climb down the staird back to 13353.
Cheers, just see yourself, than you see enough.
________________________________________
13425 high, yawn scenario. Short 13415/13424, will try to short more for pips. Maybe stupid we will see....

LahoreFM15:11:09 GMT - 12/31/2010

SAS thanx just a lucky strike!

DubaiSAS15:04:28 GMT - 12/31/2010

FM - very good thinking on the EurGbp unwind and the GBP longs ... GL

LahoreFM14:50:40 GMT - 12/31/2010

Cheers KB ,DS,PuRK and other friends who make this forum a lively place with great interaction on information flow!

thanx to Jay and John for another year at their great forum which is equally ours too.

Buy GBPUSD
Entry: 1.5442 Target: Stop: 1.5390 for 1/2
Theoris dear many thanx.i am all good and wish you the best for the New Year.
--
closed half long 1.5442 at 1.5493 for 61.raised sl for rest 1/2.
--
closed rest 1.5585 now.this wraps 2010 for me.

see you all next year!

hillegompurk12:42:01 GMT - 12/31/2010

hillegom purk 08:15 GMT December 31, 2010
Trade Ideas: Reply
Yep, one more yawn scenario today just like yesterday. maybe low 13324, than slowly up again for e/u. When all stop s are gone for those who kept shorting at the lows, it will go down for 250, but not today. No money today. I think....
_______________________________________________
Of course nobody listened, low after my post was 13326, now at 13380ish. Now lets see if we can do the yawn scenario again, up till around 13423 or so. If not we climb down the staird back to 13353.
Cheers, just see yourself, than you see enough.

RN,thank you,all the best to you too and all forum members.may the new year bring the best of everyting,health wealth and happiness.

Israeldil09:06:27 GMT - 12/31/2010

22:00 GMT

HKREVDAX09:05:02 GMT - 12/31/2010

FM//There is a little bit of a turn on euro today. Unless euro is unusually strong, chances are i would simply clear out when on the chart the RSI divergency is there...

TORONTORN09:01:20 GMT - 12/31/2010

Once again thanks FM. Wish all a very Happy and prosperous New Year

hillegompurk08:58:48 GMT - 12/31/2010

Excuse me sirs, but untill when are markets open GMT time today?

LahoreFM08:57:01 GMT - 12/31/2010

personally RN,i will watch it when it gets to 1.3480.1.3520 and then enter off a 15 minute chart bearish signal thus avoiding any discomfiture at least in my mind of a possible overshoot.i would suggest the same idea to you rather than placing an order so you can then fine tune an entry.a stop of 80 pips will work when you go short in that way.

TORONTORN08:53:15 GMT - 12/31/2010

BuyEURUSDEntry: Target: Stop:
Thanks FM. One more question. I have left an order to sell EURUSD at 1.35. What do you recommend as a stop?

LahoreFM08:46:30 GMT - 12/31/2010

Ryes 1.3325 okay for 5 minute charts long idea but iam not in the trade off those chart in this trade's case.very difficult to avoid whipsawas in smaller tfs.

TORONTORN08:44:13 GMT - 12/31/2010

BuyEURUSDEntry: Target: Stop:
I closed my EURUSD longs at 1.3350. Do you think it is a good idea to go long again at 1.3325?

LahoreFM08:30:43 GMT - 12/31/2010

EURGBPEntry: Target: Stop:
eurgbp has an overhanging resistance at 0.8640/70 which it would have difficulty in overcoming.it will take multiple attempts to clear that area imho.

LahoreFM08:22:25 GMT - 12/31/2010

closed 1/3rd of eurusd longs from earlier this week at 1.3350,last 1/3rd has an order at 1.3480 already in place.

hillegompurk08:15:49 GMT - 12/31/2010

Yep, one more yawn scenario today just like yesterday. maybe low 13324, than slowly up again for e/u. When all stop s are gone for those who kept shorting at the lows, it will go down for 250, but not today. No money today. I think....

Keep on rockin' in the free world, we all know who wrote that one!

LahoreFM08:11:44 GMT - 12/31/2010

Revdax dear you took the profit too early if you clsoed all of eurusd long.

eurcad is keeping usdcad up for the moment but when push becomes a shove usdcad will turn lower more seriously.

LahoreFM08:10:08 GMT - 12/31/2010

BuyGBPUSDEntry: 1.5442 Target: Stop: 1.5390 for 1/2
Theoris dear many thanx.i am all good and wish you the best for the New Year.
--
closed half long 1.5442 at 1.5493 for 61.raised sl for rest 1/2.

EuropeTheorist06:09:06 GMT - 12/31/2010

Lahore !!!

How are you ?? trust your keeping really well ! a great 2011 is on the way ...

All the best

HKREVDAX05:56:26 GMT - 12/31/2010

FM//I took profit on the Euro this morning when it was showing a hourly RSI div. Now the only thing I have in hand is $/CAD. Kindly give me a view to this currency. Tks

LahoreFM05:31:17 GMT - 12/31/2010

BuyGBPUSDEntry: 1.5442 Target: 1.5600 Stop: 1.5340
long small.

LahoreFM13:58:21 GMT - 12/30/2010

many thanx Kevin,it was a lucky trade!

HKKevin13:54:19 GMT - 12/30/2010

Lahore FM 13:24 GMT, really fanastic trade. Reversed down bar on Tue, then an undecisive move yesterday and follow by an impulive upmove to the weekly high today.

FM care to tell us why and what the target is? Or just your yesterday and today's thingy that we might see 133+ ?
Me think you not a scalper. I like the trade, but a bit too late for me. me like lower levels.
Cheers

HKREVDAX15:15:23 GMT - 12/28/2010

FM//I seem to feel that $/CAN has already bottomed for today. What is ur take on this currency?

Revdax thanx. i see good resistance at 1407,,,that's the four hour chart bounds.beyond that it would be a bull run not a correctional.

HKREVDAX12:09:18 GMT - 12/28/2010

FM//I have always been impressed by your magnitude forecast. How high do u think gold will go up today?

LahoreFM12:04:57 GMT - 12/28/2010

BuyEURJPYEntry: 108.68 Target: 112 Stop: 108.20
long small.

LahoreFM07:50:16 GMT - 12/28/2010

Cali MJ,eurusd perhaps to mentioned area over the week or next.

CALIMJ03:04:22 GMT - 12/28/2010

Lahore FM, thanks for you two cents. I took your advise and the EUR/USD looks good from this morning lows... do you think will hit your forcasted highs in the next couple hours?

LahoreFM18:25:25 GMT - 12/27/2010

Jay,my mistake i meant 200 day sma for eurusd not 100 day sma.

thanx for noting eurgbp post!

hope the snow hasn't boxed you in completely.

GVI ForexJay17:17:51 GMT - 12/27/2010

FM, what currency are you talking about re the 100 day mva? Is it eur/gbp? Nice call in that one earlier.

LahoreFM16:49:21 GMT - 12/27/2010

ws,its from daychart.in part its also inability to give two consecutive daily clsoes under 100 day sma.from higher levels the overanticipated fall makes more sense.

eurgbp daychart also eurusd supportive.

nycws15:54:57 GMT - 12/27/2010

FM do you base that forecast on charts or something else? I have a hard time finding the trigger for anything more than a eurusd short squeeze and even that will be hard to come by as we start looking ahead to next year.

LahoreFM14:14:38 GMT - 12/27/2010

BuyEURUSDEntry: Target: Stop:
on overcoming 1.3200 eurusd will head towards 1.3490/1.3520 from where we can have much awaited fall to lower 1.20's or even lower.

that's my two cents!

LahoreFM09:18:13 GMT - 12/27/2010

SellAUDNZDEntry: Target: Stop:
audnzd has turned a short after a few hundred pip rise now.

placed two orders to go long.one at 0.8445 and 2nd at 0.8545.stops upon fill.tentative sl 60 pips.

Amsterdampurk09:54:51 GMT - 12/23/2010

Nicely put AL, very helpful. Good person behind that i guess!

TonbridgeAL09:45:34 GMT - 12/23/2010

Hesham apologies for misspelling of your name.
Markets even in micro trend moves tend to move directionally. This translates into a series of higher lows higher highs (lower highs and lower lows) and until the market comes to that stopping point then reversals cannot happen hence why in a trending market all dips are for buying if market up and selling rallies if market down is the preferred bias. There is also an old saw worth repeating which is keep doing it until it no longer works. In a world of 'algo' trading in reality nothing has changed from days of old for all the algo does is repeat the patterns creating fractals. The difference with the mandelbrot fractal and trading fractals is that the repetition is similar but not quite the same and finally patience is absolutely required especially in thin/holiday markets. Patience to allow the market to breathe sufficiently to get to its destination and patience to allow you to assess and react and enter the market when you want not when in ones own perception the market forces entry

TonbridgeAL09:32:18 GMT - 12/23/2010

Hersham
Sometimes one has to turn percieved wisdom upside down and consider the path of least resistance. Maybe everyone bearish/short AudUsd and vice versa Gold hence the market liquidates the weak hands. The concept of reality and perception creates a move frequently opposite of the expected
Hersham I would be obliged if you could see if you could help me on the Help/Open forum I am looking for a Arabic speaker to translate some small text that I have please contact me via the Members Directory TIA.

CairoHesham09:09:39 GMT - 12/23/2010

But why gold is down ? AUD is up?

Houstonet09:06:40 GMT - 12/23/2010

And CHF ofcourse!

Houstonet09:03:15 GMT - 12/23/2010

Guess Europe opened to Korean news and bought the dollar and Yen

CairoHesham08:59:52 GMT - 12/23/2010

any news came out?

Houstonet08:54:18 GMT - 12/23/2010

Appears that test of 1.3000 likely later today

LahoreFM08:14:42 GMT - 12/23/2010

BuyEURUSDEntry: Target: Stop:
1.3100 key for eurusd next hour or so.if stays above can rise back and make new highs.

LahoreFM20:59:25 GMT - 12/22/2010

BuyEURUSDEntry: 1.3099 Target: later Stop: 1.3070
bought now.

LahoreFM12:42:34 GMT - 12/22/2010

Warmest Seasons Greetings to all Members and wish all a happy healthy and prosperous New Year!

LahoreFM12:37:48 GMT - 12/22/2010

BuyGBPUSDEntry: 1.5461 Target: later Stop: 1.5435
long now.

HKREVDAX11:56:46 GMT - 12/22/2010

Stubbs//I think u misunderstand what I said. I said that my cycle book indicates no buying until Dec 23. If you want to buy, go ahead. Your cycle book and mine were written by different authors.

RexburgStubbs10:03:40 GMT - 12/22/2010

HK REVDAX 04:01 GMT December 22, 2010

I'm to say that you can't go back to buy the F'ing dip tomorrow. It was yesterday when your cycle charts were read upside down. Fundamentals were never discussed so I don't get your point in mentioning them. It is already a full moon man.

BUY the dip already! GLGT

HKREVDAX04:01:02 GMT - 12/22/2010

Stubbs//Your 14:57 gmt comment
(1) I don't read fundamentals.
(2) I agree buying dip of that F'ing but not before Dec 23.

RexburgStubbs01:07:20 GMT - 12/22/2010

HK REVDAX 14:36 GMT December 21, 2010
Trade Ideas: Reply
Stubbs//Simply admitting HK Revdax did not read his cycle book upside down could save you a lot of grief...
///////////////////////////////////////////////////////////////////////

dil 18:49 my CPU ? you mean my Cashing Pips Unit ?
it is like any other garburator: giga.
so instead I feed it fx chart points as I try to treat it the best I can

Israeldil18:49:48 GMT - 12/21/2010

in any case JP, you can be proud of your CPU. pleasure to read your market understanding, keep with the good work.

MtlJP18:36:29 GMT - 12/21/2010

dil 18:31 which means that somebody should lose their argument

Israeldil18:29:51 GMT - 12/21/2010

suspicious call JP :-)

but if things stay as they are now, then we have something quite unique, today's high is 12pts higher then yesterday but also today's low is 12pts lower then yesterday's. which means?

RexburgStubbs18:04:04 GMT - 12/21/2010

Buy the dip!

RexburgStubbs18:00:14 GMT - 12/21/2010

I'm to say that the JP Morgue is about to get squeezed harder than an orange in the coming sessions. Metals are on the move.

RexburgStubbs16:23:30 GMT - 12/21/2010

Buy the dip!

RexburgStubbs16:16:29 GMT - 12/21/2010

HK REVDAX 14:36 GMT December 21, 2010

I'm to say that Comex gold is currently UP 0.70 for the day.
Not sure what form of congratulations you are requesting.
You are the new oracle of metal cycles?

Just BUY the damm dips already!

Richland QCMailman15:09:03 GMT - 12/21/2010

Though still too early for a call, Euro could be on its way to 1.2960.

LahoreFM15:04:50 GMT - 12/21/2010

audusd has room to retrace towards 0.9905 just now.

RexburgStubbs14:57:00 GMT - 12/21/2010

HK REVDAX 14:36 GMT December 21, 2010

I'm to say that my comments do not pertain to intraday micro cycles of a few ticks her or there. Perhaps you could have concluded that your analysis of cycles was for some minor daytrading hip hop noise. Otherwise, you are simply capitalizing on a twitch that occurred after your self gratifying call (so you say)

My cycle book says that nothing has changed with the Ben Bernank at all. QE 3,4,5 on the way and gold will reflect such at $2k+.

For intraday wiggles down, BUY the F'ing dip!

HKREVDAX14:36:02 GMT - 12/21/2010

Stubbs//Simply admitting HK Revdax did not read his cycle book upside down could save you a lot of grief...

Richland QCMailman14:30:32 GMT - 12/21/2010

Hi Folks. Pleasant evening... Looking for gbp and euro to succumb to lack of oxygen. I like gbp to break the 5450. Let us see.

RexburgStubbs14:23:50 GMT - 12/21/2010

I'm to say that we must be operating on different frequencies. Cycle reversals for a handful of points vs hundreds is like comparing 8 track tapes to Blu Ray disks.

And where does your sun set, dr unken katt? Is 'to' Tokyo? Toronto? Tobago? Please write out the full name of your city. You only have to do it once. It'll help other forum readers to understand your contributions better. Thank you!

Lahore FM 17:05 GMT December 13, 2010
Trade Ideas: Reply
a vague possibility of a top for eurusd at 1.3430 on dailies so needs to clear here for an all out buying spree.
--
the way eurusd pulling back perhaps top is seen.we will know more remaining days of the week.

LahoreFM17:45:41 GMT - 12/13/2010

anything can happen Rana,its the holiday season!

cheers!

tokyorana rashid17:18:32 GMT - 12/13/2010

Dear Brother,im expecting 1.353/1.378 still....happy trade,

LahoreFM17:05:13 GMT - 12/13/2010

a vague possibility of a top for eurusd at 1.3430 on dailies so needs to clear here for an all out buying spree.

LahoreFM16:55:44 GMT - 12/13/2010

thanx SMS..it just so happened!

LondonSMS16:53:22 GMT - 12/13/2010

Joined you there FM. And incidentally, a superb call first thing this mng in $ turn.

LahoreFM16:50:13 GMT - 12/13/2010

SellGBPUSDEntry: 1.5863 Target: Stop: 1.5905
sold.

--
thanx kb.not 2nd ride but a 2nd portion of the chfjpy long trade yes.

jerusalemkb16:45:28 GMT - 12/13/2010

great call fm , i think this is the 2nd ride on this pair chfjpy

LahoreFM16:24:15 GMT - 12/13/2010

that's a possible short audusd and possible long usdcad.

LahoreFM16:21:45 GMT - 12/13/2010

audusd and usdcad not showing much weakness for usd.might be worth a short.watching for now might enter small later.

usdjpy may also keep pushing still higher.
--
will watch 1.3280 for eurusd,if it can rise above and close there, on daily close basis to switch bias
--
bias changer 1.3280 recaptured.placed an order 1.3245 offer to go long eurusd.

F Nobel,it was very noble of you to point that out.yes i meant that i totally agree with kb.

i did not read kb's post asking me about my comment till i read your post about it.

OsloF. Nobel 21:30:04 GMT - 12/12/2010

jerusalem kb 20:28 GMT December 12, 2010

FM said that he agrees with you very much. he meant that he cannot agree with you more than he agrees with you. but due to language barrier you understood that he cannot agree with you anymore.

LahoreFM21:14:09 GMT - 12/12/2010

gbpusd though looking a bit better than eurusd also seems capped at 1.5820...risk break below 1.5720 to bring back 1.55 into view.

LahoreFM21:07:33 GMT - 12/12/2010

have turned usd positive here for the week starting today.

usdcad longs and eurusd shorts is what i am looking for.

usdjpy may also keep pushing still higher.

jerusalemkb20:28:14 GMT - 12/12/2010

nice call FM.
but why you said can't agree more with kb.
we have a ress. breakout and price breaks 100level at daily chart so it is highly possible to go to 87.60and may be 91.8.
and 84.90 may provide a good support

might face some resistance around 1.3228 / 30 first ... 1.3226 high on this move ... lets see

LahoreFM17:02:15 GMT - 12/09/2010

eurusd again aiming for 1.3260 but i will watch for now.

LahoreFM16:17:46 GMT - 12/09/2010

nice spike on eurgbp from 0.8360 low.above 0.8410 medium term bottom can be in.

tokyorana15:25:12 GMT - 12/09/2010

Lahore FM 15:19 dear brother,yes right now jpy very very weak bcoz of stocks jgb and usdjpy and audjpy putting presure on jpy...jpy is over sold right now...but ithink we can buy now yen we donot know any time strenth cud come idonot think nikkiei cud go above 10500....lets see...happy trade,

LahoreFM15:22:07 GMT - 12/09/2010

eurjpy 110.60 is buy zone once more!

nycws15:20:58 GMT - 12/09/2010

FM thank you for that info. I aborted my range strategy and saved me some dinero.

LahoreFM15:19:36 GMT - 12/09/2010

but Rana jpy isn't strong!

LahoreFM15:18:13 GMT - 12/09/2010

never mind Mau Dee,,,market is not a one day affair nor trading.

cheers!

MauDee15:16:06 GMT - 12/09/2010

FM - Bad luck sir
i placed a stop sell at 1.3170. below 1.3180 i would be quite bearish

tokyorana15:15:46 GMT - 12/09/2010

bad luck brother...euro is very bad very trick....isaid against jpy difficult go much higher anything...

LahoreFM15:13:51 GMT - 12/09/2010

eurusd long 1.3224 stopped 1.3190 for minus 34.

irish opposition also throwing the monkey wrench.

todr unken katt 15:09:55 GMT - 12/09/2010

3200 breax next 3140 ,

MauDee15:09:18 GMT - 12/09/2010

On why euro is weak, a friend from London passed info that their desk has been having steady sell orders today on both eurgbp and eurjpy crosses - appears to be some HF related activity and fresh positioning. Talk of 0.8360 in EURGBP as a critical factor for further pressure it is heard.

where did u get it?
the next was supposed to be spain ,italy next or something

LahoreFM14:48:12 GMT - 12/09/2010

rumours of italian downgrade circulating.we might see more of yo yo.bounds 1.3200 and 1.3265.

shhl14:45:52 GMT - 12/09/2010

1.3200 strike expire today plays magic here

LahoreFM14:42:39 GMT - 12/09/2010

no immediate danger to long euro imho!

LahoreFM14:24:33 GMT - 12/09/2010

thanx for your input Mau Dee!

good trades!

MauDee14:23:28 GMT - 12/09/2010

FM - awesome call.
I missed it by a whisker. Trying to better, oft we mar what is a good thought - applies to me.
To me 1.3355 is a contour - break above would give us visions of 1.36 plus.. And 1.3180 on the other side...break below would be a confirmation for the circle third wave down.

Would be a seller at 1.3350 for the day with not more than 30 pip stop.

Great to follow you friend.

LahoreFM14:21:22 GMT - 12/09/2010

a close above 1.3265 needed on hourly basis.

LahoreFM14:18:12 GMT - 12/09/2010

RN..preferably above 1.3310 for 1/2 but its a little early.

TORONTORN14:10:14 GMT - 12/09/2010

BuyEURUSDEntry: 1.3225 Target: Stop:
Thanks Lahore FM. Took your lead and bought EURUSD at 1.3225. Also sold USD/CAD at 1.0114. What is your target on this move. Once again thanks.

LondonGB13:27:28 GMT - 12/09/2010

I take back what I said about eurgbp. Good info.

LondonGB11:55:03 GMT - 12/09/2010

eurgbp is around unchanged on the day so that story does not add up.

MauDee11:51:31 GMT - 12/09/2010

Euro still pinned down from large LHS eurgbp flow and rumored to be by hedge funds. And i missed my entry at 1.3190 as low so far 1.3197 i guess. Will take the order back if i dont get filled this hour. Risk is i could be stopped.

tokyorana11:03:03 GMT - 12/09/2010

Lahore FM 10:55 dear brother,right on......from last weekly telling up move possible......im also expecting bounce from here to 1.35/1.38 before larger move down side but did not try long yesterday went long 1.321 but stoped with out profit...last bounce from 1.30 also was expected....good luck...happy trade,

LahoreFM10:55:57 GMT - 12/09/2010

Bro Rana,its a 34 pip sl and long is near five day low.nothing too brave about it.

FM - i had a buy order near 1.3220 but movd it towards 1.3190, near your stop. This drop from above 1.3320 is in 5 waves so looks like a dominant trend. Let us see... rumors BIS on bids!!

LahoreFM09:49:11 GMT - 12/09/2010

BuyEURUSDEntry: 1.3224 Target: Stop: 1.3190
long here.

todr unken katt 04:42:19 GMT - 12/09/2010

Intraday bias in EUR/USD remains neutral for the moment. As noted before, recovery from 1.2969 is still limited below mentioned 1.3447 resistance and hence, whole decline from 1.4281 is possibly still in progress. Though, we're not too confident about it and will stay neutral first. On the upside, break of 1.3447 will indicate that fall from 1.4281 is finished with three waves downside to 1.2969 already, just missing 100% projection of 1.4281 to 1.3447 from 1.3785 at 1.2951. In such case, stronger rise should be seen to 1.3785 resistance first and then 1.4281. On the downside, break of 1.2969 will bring fall resumption to 1.2587 support instead.

In the bigger picture, the three wave structure of the fall from 1.4281 to 1.2969 argue that it's merely a correction only. Also, it raises the possibility that whole rise from 1.1875 is indeed impulsive in nature, with a small fourth wave from 1.4150 to 1.3733. Break of 1.3785 resistance will bolster the bullish case that rise from 1.1875 is resuming for another high above 1.4281 and revive the case that medium term correction from 1.6039 is already finished at 1.1875. On the downside, a break below 1.2969 again will in turn solidify the case that correction from 1.6039 is still in progress for another low below 1.1875

todr unken katt 04:35:15 GMT - 12/09/2010

.

MtlJP02:57:29 GMT - 12/09/2010

irrational is a tradename of rope which comes with outlasting a lifetime guarantee

todr unken katt 02:10:38 GMT - 12/09/2010

this euro up move was irrational , broke the main lines last nite + selloff in the gold and treasuries should support the further fall of euro , well kind of choppy it loox like the profit takin , perhaps it ll accelerate more from now

12/08/2010 16:49:57 FM Lahore 7
Now is a good time for eurusd to make a clean break higher from curent 1.3230
--
12/08/2010 16:54:48 FM Lahore 6
above 1.3290 it would be a genuine clean break
--
12/08/2010 17:42:10 FM Lahore 4
its an observation katt..quite wishless.
--
this is a confirmation run now above 1.3290 unless proven otherwise.

Fair enough... I did have a bad day yesterday... we had a break in over the weekend.... I hadn't realised how much it shook me up...I shouldn't have traded yesterday.

After a bad day, I'm loath to make any call, in case I mislead people. That's all.

I did take +80 out of eursek in 4 trades this am. tho.

Now... I'm to chainsawing logs again..before the next snow.

From what I see.... you could make some cracking calls....
It does take front, confidence and occassionally ... a kicking when wrong.

I'm flat for the day now and out !

Thanks.

todr unken katt 13:04:23 GMT - 12/07/2010

i ve posted my ideas earlier , they were not bad ,
i ve called recently euro short and i stick to it
what aout you ?

CambridgeJoe13:01:58 GMT - 12/07/2010

Katt// I hope you will forgive me for saying so... but I don't see too many trade suggestions being posted by you...
It is much easier to scorn others..
You are without doubt V intelligent and a very able trader....
How about it ?

In the bigger picture, the three wave structure of the fall from 1.4281 to 1.2969 argue that it's merely a correction only. Also, it raises the possibility that whole rise from 1.1875 is indeed impulsive in nature, with a small fourth wave from 1.4150 to 1.3733. Break of 1.3785 resistance will bolster the bullish case that rise from 1.1875 is resuming for another high above 1.4281 and revive the case that medium term correction from 1.6039 is already finished at 1.1875. On the downside, a break below 1.2969 again will in turn solidify the case that correction from 1.6039 is still in progress for another low below 1.1875 before completion.

In the long term picture, considering the five wave impulsive structure of the long term up trend from 2000 low of 0.8223 to 2008 high of 1.6039, price actions from 1.6039 are viewed as a correction only. Hence, firstly, we'd expect strong support between 61.8% retracement of 0.8223 to 1.6039 at 1.1209 and 1.1639 to contain downside. Secondly, we'd expect another high above 1.6039 eventually, after correction from 1.6039 is confirmed to be finished

todr unken katt 23:31:13 GMT - 12/05/2010

EUR/USD rebounded strongly after initial dip to 1.2969 last week. While 1.3447 resistance is still intact, broad based weakness in dollar is making the bearish view in EUR/USD vulnerable. In particular, we must consider that dollar index has already taken out corresponding support level of 79.46. In any case, initial bias remains on the upside this week for further rise. Break of 1.3447 resistance will indicate that decline from 1.4281 is completed with three waves downside to 1.2969 already, just missing 100% projection of 1.4281 to 1.3447 from 1.3785 at 1.2951. In such case, stronger rise should be seen to 1.3785 resistance first and then 1.4281. On the downside, below 1.3247 minor support will turn intraday bias neutral first. But we won't turn bearish in EUR/USD again before a break of 1.2969 support

todr unken katt 23:16:22 GMT - 12/05/2010

well i f i see the sell 1hr signal below 3400 i ll take short
otherwise im doin noghin
ism ans exports ve risen in the last month , ECB is apparently preparin the rescue package for spain ..
euro funnymentals not great

Buy EURUSD
Entry: 1.3326 Target: Stop: 1.3255
long entered with sl at 1.3255.
--
sl modified to closing basis.
--
closed 1.3241 now for mins 83.it may take it more time to go up and also see risk for 1.3180 on monday.

BuyUSDJPYEntry: Target: Stop:
usdjpy looks set for 85.60 and eurjpy for 114.116 range.

tokyorana13:43:50 GMT - 11/25/2010

Lahore FM 13:36 GMT November 25, 2010
dear brother,many thanx for info....looks to me long term neutral eurusd 1.50/1.60 also ppossible down also...but im bearish just little favor but maybe short term im buy next week for 1.35/1.37 still watching last time august i lost 200pips on long than 1400pips up....happy day,

LahoreFM13:36:16 GMT - 11/25/2010

Rana 100 day ma around these levels,and its just under two daily lows of this move.no other importance!

tokyorana13:28:24 GMT - 11/25/2010

Lahore FM 13:15 GMT November 25, 2010
dear brother,how are you?why is that weekly close below 1.327 not good for bulls?1.327 any importance?really want to know....happy day,

thanks for the prompt reply pal, i believe i can still hold onto the position, nice rewards coming. i have my initial stop at 10040. as a long i see it breaking sooner or later.what do you advice friend?

Sell S&P
Entry: 1218 Target: Stop: 1226
sold for 1180
--
1207.00 half out.sl at 1023 for rest of it
--
sl lowered to entry on 1/2 short.
--
this 1218 short snp closed out at 1180 earlier for 38 + points in all.

Mombasansm19:12:20 GMT - 11/12/2010

EID Mubarak to you to brothers n saum maqbul Inshallah. Happy trades.

TORONTORN19:09:20 GMT - 11/12/2010

To all Muslim friends, EID Mubarak

LahoreFM14:38:07 GMT - 11/12/2010

Cheers Med,happy Eid!

on a side note you shud vie for independence of view and actions.it will help you in the long run.

SurabayaMedallion14:33:43 GMT - 11/12/2010

BuyEURUSDEntry: Target: Stop:
Dear Lahore FM Sir

I have out at 1.3715 from 1.3627. I know there is still upside potential but it is Friday & since I have one heavy lot position on Long Euro and you would not be available early next week therefore I decided to square all my position ^__^

So Thanks Sir and Happy Eid Mubarak for you and everyone on the forum ^___^

SellCrudeEntry: 87.10 small and 88.30 full Target: Stop: 88.90 for two
11/10/2010 14:28:34 FM Lahore 33

Sell Crude
Entry: 87.10 small and 88.30 order Target: 87.10 small and 88.30 or82 Stop: 88.90 for two
sold and placed order.
--

closed small now for 90 cents + closed large for 2 dolls ten cents +.

LahoreFM09:49:18 GMT - 11/12/2010

ac,noted.i would of course need to rework my trading premise in that.hopefully would not be wrong too often and survive.

good trading to you!

Haifaac09:46:28 GMT - 11/12/2010

OK
just note that we broke 13611 (futures side) which is a monthly low
First time since the 120 low. Tends to be signicant!
we had a V bottom which is quite unsuual! so a serious test of 120 is due!

LahoreFM09:35:28 GMT - 11/12/2010

i would not be posting much the coming week as its holidays for Eid here.

Happy Eid to celeberating friends!

LahoreFM09:33:45 GMT - 11/12/2010

Haifa ac,lower lows into next week...possible but i am talking my view and book.lower eurusd will stop me out but i am noty betting on that.

Mau Dee talking eurusd but eurcad can also see 1.51 and 1.65.

Haifaac09:29:09 GMT - 11/12/2010

Lahore FM 09:17 GMT November 12, 2010
Trade Ideas: Reply
if we get to 1.39 eurusd today's trading we will likely see 1.51 and 1.65 early next year//
Agree
What about the other side of the coin: What if we close below 137 and continue to make lower low next week? what then?

MauDee09:27:14 GMT - 11/12/2010

Lahore FM..
if we get to 1.39 eurusd today's trading we will likely see 1.51 and 1.65 early next year and late next year around this time,respectively.

Is this correct - if EURUSD goes to 1.39 today, we will go to 1.51? or is it for EURCAD?

LahoreFM09:17:21 GMT - 11/12/2010

if we get to 1.39 eurusd today's trading we will likely see 1.51 and 1.65 early next year and late next year around this time,respectively.

we can get it lower for another run.at some point it can go to a little above 1.02 from where a new move will likely start for 0.95.

SurabayaMedallion17:54:32 GMT - 11/11/2010

BuyUSDCADEntry: Target: Stop:
Thanks Lahore FM Sir

Already square all position for now (CAD at 1.0060) ^__^ But then I wonder if this is just sideway or not because if it is sideway than maybe we can Long USD/CAD at parity or if lucky at 0.9985? Oh, well I become greedy... ^_^

Well, I will re-enter GBP/AUD at lower level if I can still get it...Initially I got scared when AUD/USD seems poised to pierced 1.02 hence a bit reluctant Longing the GBP/AUD ^_^

Dear Tokyo Rana

Thanks. Fortunately I follow Sir FM so I can be calm against the USD bear this time. Even though my Long EUR/AUD got stopped at 1.3660, I change into GBP/AUD and got +100 pips which is better than holding into the sinking Long Eur/AUD ship ^__^

tokyorana17:20:23 GMT - 11/11/2010

Surabaya Medallion 17:07 GMT November 11, 2010
dear friend,congratulation to you and Lahore FM,im still holding short from around 1.01 and audjpy 82.2/3 again bounce 0.996 you guys seems right closed positions very nice trade...but im still waiting....lets see this area hold or break complicated..happy trade,

LahoreFM17:11:38 GMT - 11/11/2010

Rana,will see about higher targets in secondary run higher perhaps.

LahoreFM17:09:13 GMT - 11/11/2010

Med if you close any part you can add back at 1.0030 and then look to exit higher.you may close all or half now.

SurabayaMedallion17:07:45 GMT - 11/11/2010

BuyUSDCADEntry: Target: Stop:
Dear Mr Lahore FM Sir

Is it good to close the Long USD/CAD at 1.0060 first or better wait 1.02? Thanks. ^__^

Dear Tokyo Rana

Guess it is because short AUD from 1.0148 is like +200 pips it is a decent enough profits ^__^

tokyorana17:01:13 GMT - 11/11/2010

Lahore FM 16:54 GMT November 11, 2010
dear brother,donot you think more south why so early close ur seeing bounce from here?im still holding aud shorts next major support 99/98.5....any ways nice trade as always.....happy day,

SellAUDJPYEntry: more Target: open Stop: later
closed most of positions like long usdjpy etc....now short audjpy more....happy trade,

tokyorana20:30:48 GMT - 11/09/2010

isaid usd$ pairs not long....

SurabayaMedallion20:14:05 GMT - 11/09/2010

SellAUDUSDEntry: Target: Stop:
Thanks Lahore FM Sir

Already put 1=1 as my Target Point and also the USD/CHF. Thanks for everything ^__^

LahoreFM19:55:43 GMT - 11/09/2010

for audusd aprity again = for audusd parity again

usdchf has 1.05 as medium term target.two days target 0.9780.

LahoreFM19:49:33 GMT - 11/09/2010

Medallion,0.9780 for usdchf and for audusd aprity again.

audusd may have had a false start down.there can be lengthy delays.

we need stox to loose ground as well.

SurabayaMedallion18:53:16 GMT - 11/09/2010

SellAUDUSDEntry: Target: Stop:
Yes, nyc s. I'm still short about 100K AUD since it is not touching my Stop Loss (provided by Lahore FM) at 1.0185, problem is my cost is not good at 1.0060. So i would need around 3% from 1.0060 to Break even considering my big loss in Gold and CAD because of the over leverage. But then I will not chase my loss and if it need to square i will do that. Cannot fight the market, learn it the hard way.

nycs18:48:27 GMT - 11/09/2010

Surabaya are you still short aud?

SurabayaMedallion18:48:13 GMT - 11/09/2010

SellAUDUSDEntry: Target: Stop:
Dear Lahore FM Sir

Could I know the rough estimate target for short AUD and Short CHF? Thanks. ^__^

SurabayaMedallion18:40:54 GMT - 11/09/2010

SellAUDUSDEntry: Target: Stop:
Thanks Lahore FM Sir

But do I still need to wait until NY close for Long USD/CHF although it does not matter since you have provided the stop loss... Thanks ^__^

LahoreFM18:02:36 GMT - 11/09/2010

Medallion,0.9590 or 0.9550 sl might work for usdchf long.usdchf better choice in your case i think

SurabayaMedallion17:12:28 GMT - 11/09/2010

SellAUDUSDEntry: Target: Stop:
Thanks Lahore FM Sir

Will patiently wait the signal but then which one is better
Long USD/CHF or USD/CAD considering I short AUD/USD? I mean AUD is a commodity currency like CAD? I just try not to be in similiar position. But if I put stoploss then it is not an issue. Thanks. ^__^

I put S/L 1.3760 for EUR/AUD and not adding anything new. Btw the USD/CAD, is that mean I have to wait it to go back to 1.0030 and wait hours and days to confirm before Long USD/CAD at 1.0030? Thanks ^__^

LahoreFM14:36:18 GMT - 11/09/2010

usdcad rise above 1.0030 might form a bottom on the pair.

SurabayaMedallion14:34:53 GMT - 11/09/2010

SellAUDUSDEntry: Target: Stop:
Thanks for the advice London Chris

Yes, it is my fault for not putting stop loss for the GOLD. Guess from now on would only buy very small lot for GOLD if I have too and focus instead on FX which is more manageable to me....

London Chris 14:21 GMT November 9, 2010
Trade Ideas: Reply
>>Surabaya I wasn't going to chime in but now that you brought it up, selling gold and commodity currencies are basically the same risk trade. This increased your risk and did not diversify it.

>>There is another issue betting on a top in a major trend at record high levels but I will not rub any more salt in that wound.

LahoreFM14:31:53 GMT - 11/09/2010

Medallion 1.3670 stop suggested for any new euruad long if you really have to...

audusd is on the brink of either a correction or a new rise.watching for now.

SurabayaMedallion14:29:18 GMT - 11/09/2010

SellAUDUSDEntry: Target: Stop:
Dear Lahore FM Sir,

Do you think it is still good to short AUD because I'm thinking to Long Eur/AUD for short term? I long small Eur/AUD from exact 1.4 already but I can only doubling it at a good level. Also target for AUD/USD? Thanks. ^__^

LondonChris14:21:42 GMT - 11/09/2010

Surabaya I wasn't going to chime in but now that you brought it up, selling gold and commodity currencies are basically the same risk trade. This increased your risk and did not diversify it.

There is another issue betting on a top in a major trend at record high levels but I will not rub any more salt in that wound.

SurabayaMedallion14:12:42 GMT - 11/09/2010

SellGoldEntry: Target: Stop:
Thanks for the advice Sir FM

Guess I'm chasing my luck here and even now want to long small XAU (20% from my original short XAU) since the short XAU is not working for me... (e.g: Scalping) ^_^

Problem is I thought I have diversified my trade but then it seems they are the same since I'm shorting XAU, CAD & AUD against USD ^_^

I do know each currency is different but nevertheless my fear is that the market would try to target my short AUD (Stop loss 1.0185 already put) since the AUD not going down and Euro has down a lot and I imagine if the Euro is going up the AUD would be too... Guess I will just watch how thing would unfold then....

>>Medallion a reasonable entry with a justifiable stop won't eat away your equity in a way that you worry over it.there will be market ahead too but don't let stopless positions eat into large parts of it.

>>i guess you can do with a break rather than now doubling up on anything.

LahoreFM13:53:23 GMT - 11/09/2010

Medallion a reasonable entry with a justifiable stop won't eat away your equity in a way that you worry over it.there will be market ahead too but don't let stopless positions eat into large parts of it.

i guess you can do with a break rather than now doubling up on anything.

SellGoldEntry: Target: Stop:
Got Stopped at 1418.50 since the peak at my platform is 1422.05. What a hard market for Longing USD and also considering last 1-2 week Gold and AUD is the weakest link...

SurabayaMedallion03:13:03 GMT - 11/09/2010

SellGoldEntry: Target: Stop:
Yes Istanbul 1410.x now. That's the problem with commodity such as Gold. When it acts like currency then it rises and falls just 1-2 percent and when it act like commodity it rises and falls like double, triple or even quadruple... That's why cannot put too much leverage in Gold though I myself fail to follow my own advice :(

SurabayaMedallion03:12:15 GMT - 11/09/2010

SellGoldEntry: Target: Stop:
Yes Istanbul 1410.x now. That's the problem with commodity such as Gold. When it n quacts like currency then it rises and falls just 1-2 percent and when it act like commodity it rises and falls like double, triple or even quadruple... That's why cannot put too much leverage in Gold though I myself fail to follow my own advice :(

Istanbul21:29:53 GMT - 11/08/2010

SellGoldEntry: Target: Stop:
I am also shot at Gold. I expect it to get a breath but still going up.. I am not sure whether I should accept loss and close position or increase the amount and wait for a return from 1409...

Any ideas?

SurabayaMedallion19:54:09 GMT - 11/08/2010

SellGoldEntry: Target: Stop:
Dear Lahore FM Sir

Gold is 1409.xx now, Is that mean it is already break or have to wait until today NY Close to be sure or have to cut now at this level? Thanks. ^__^

>>1408 shud not break in coming hours and day and we can see it lower.

SurabayaMedallion19:26:33 GMT - 11/08/2010

SellGoldEntry: Target: Stop:
Yes I use stop, but then I could be overconfidence like from Last Friday, I don't use stop at all for AUD and Gold. :( Like short USD/CAD i put as Sir Lahore FM at 0.9980-90. (Though when it almost touch 0.9990 I pray it would hold ^__^) Problem is I add more and more Gold from 1392 to 1400 which got me in trouble...

nycs19:09:18 GMT - 11/08/2010

Surabaya. Do you use stops

SurabayaMedallion19:03:34 GMT - 11/08/2010

SellGoldEntry: Target: Stop:
Thanks Lahore FM Sir

I admit the urge is great so that when I'm losing position I convince myself this is for medium term instead or even a very very long term trade which is a bad discipline. Not to mention the urge to double or triple the leverage... Thank You, I really appreciate your advice. ^__^

LahoreFM18:39:59 GMT - 11/08/2010

Medallion.audusd will likely play witha softer tone hereon.

when you sold gold without a stop then it vecame something beyond trading.lack of a trading plan made it a gamble.

1408 shud not break in coming hours and day and we can see it lower.

SurabayaMedallion18:13:33 GMT - 11/08/2010

SellGoldEntry: Target: Stop:
It also didn't help me since my average short AUD is at 1.0060 and this AUD is very hard to go down to my entry level... Thanks. ^__^

SurabayaMedallion18:10:57 GMT - 11/08/2010

SellGoldEntry: Target: Stop:
Dear Lahore FM Sir

I know you are not shorting Gold, but could you recommend me a good stop loss level (I put 1422, thinking it might go to 1500) or should I cut at this level around 1407 now... I've Shorted Gold very heavily since 1360 and another at 1392. Thanks. ^__^

>>Lahore FM 22:50 GMT November 4, 2010
>>heading down to 1321 : Reply
>>Ruh,i like the gold idea of yours.4 hr chart suggestive of the same targets.

tokyorana11:01:19 GMT - 11/08/2010

now no one can stop jpy and usd...and stocks will fall like a rocket....happy trade,

LahoreFM10:36:19 GMT - 11/08/2010

SellS&PEntry: 1218 Target: Stop: 1226
sold for 1180

LahoreFM01:26:28 GMT - 11/08/2010

BuyUSDCADEntry: Target: Stop: 0.9990
longs from friday with 0.9990 sl still running...safe by just 1 pip friday.still like usdcad at 1.02.

short in with a b/e trade making half tp in place.
--
stopped for minus 22

tokyorana00:16:53 GMT - 11/05/2010

audusd eurusd chart very similar to gbpjpy in april may....gbpjpy made many highs was 145 high 15/4/2010 than down to 139.4 than 6days plus close very strong up move 26/4/2010 146 high that close was above res 145.25....imean be careful about longs it can drop from tops......

tokyorana00:09:35 GMT - 11/05/2010

good morning,last friday japan stocks was crashing down side today upside crash totaly oposite...last friday yen was on peak today down accross the board....how difficult is trading nowdays very stressful...aud eur gbp just going up up up....chfjpy audjpy was just going down....big miss did not bought gbpjpy again 126.5 its look like heading 140/150 in no time now...mr yen and usd$ never understand...

LahoreFM23:01:36 GMT - 11/04/2010

cad and eurusd trades are pure speculation though tech based.these can be summarily dismissed by the market.

LahoreFM22:46:26 GMT - 11/04/2010

SellEURUSDEntry: 1.4214 Target: 1.4185 for half Stop: 1.4234 bid
short in with a b/e trade making half tp in place.

Buy GBPUSD
Entry: 1.5712 Target: open Stop: 1.5610
long now.
--
closed half 1.5862 now for + 150.sl raised for rest of it
--
sl raised to 1.5830 for remainder 1/2 long.
--
closed out of remainder half now at 1.6270 for 558+ in all.

Lahore FM 01:58 GMT November 3, 2010
dear brother,ithink if this time go down than we will see 0.87/0.91...im expecting panic sale in stocks tonight on fomc...bcoz dji s&p up alot ithink this month dji break 10000 and s&p 1000....happy trade,

LahoreFM01:58:37 GMT - 11/03/2010

SellAUDUSDEntry: 0.9972 Target: 0.9740 Stop: 1.0035 sl rigid
sold

LahoreFM20:18:36 GMT - 11/02/2010

Medallion,gbpaud is also due north but i have nothing on timing for that yet.

gbpusd,thanx to uk data pulled back where i wnated to get in with more longs but unfortunately i had been away while it was down in buy more range.

isrjweb23:43:48 GMT - 11/01/2010

keeping discipline is taming a beast.

FM thats the best trade tip ive heard from you for long..

not that the others are so bad...

LahoreFM22:29:39 GMT - 11/01/2010

RN,appreciate your kind remarks.keeping discipline is taming a beast.

wish you good trades!

TORONTORN22:20:11 GMT - 11/01/2010

SellAUDUSDEntry: Target: Stop:
Hi FM.
I joined you on this one. Sold AUDUSD at 0.9872 stop 20pips higher. I have been following your trades closely and acknowledge how great a trader you are. However, I have been losing money on my trades (following you) because I wasn't disciplined. I tend to move my stop loss orders as soon as the market moves 20 or 30 pips in my favour. I need to control my nerves and a good smack of confidence. Thanks for your market insights. We really appreciate it.

LahoreFM20:50:35 GMT - 11/01/2010

target 0.9790.

LahoreFM20:50:13 GMT - 11/01/2010

SellAUDUSDEntry: 0.9865 Target: Stop: 0.9885 bid
sold.

LahoreFM14:23:14 GMT - 11/01/2010

interesting ISM data,looks the ship is turning.hopefully there would be no iceburgs ahead.

BuyGBPCADEntry: Target: Stop:
now 1.6250.any member follwoing the trade may load back if any part of long trade was cut earlier.we are headed higher once more.1.6600 and 1.7500 are the targets finally for this long trade.

LahoreFM17:27:45 GMT - 10/28/2010

ofigures= employment figs from norway

LahoreFM17:21:22 GMT - 10/28/2010

BuyOTHEREntry: Target: Stop:
eurnok is up about 800 pips from entry levels on long trade.there is one event risk tomm which is ofigures due friday.my best guess is that it won't pose any grave risk and might even help.we will find out soon.

Lebanon13:28:32 GMT - 10/28/2010

Dear Rana ,
I closed aud.usd at 0.980 ..
I am still long eur/nok ..
nothin else for the moment ,, jst waching

Goodluck

tokyorana13:24:27 GMT - 10/28/2010

Lebanon 13:21 GMT October 28, 2010
dear friend,ur still long audusd?im still hold all position from 0.9683...and ithink gbpjpy looks good for short....happy trade,

Lebanon13:23:47 GMT - 10/28/2010

I Wish that ...
Goodluck

LahoreFM13:22:37 GMT - 10/28/2010

Lebanon,the trade is good for the target.i feel it will reach target without event.it is my best guess!

Lebanon13:21:33 GMT - 10/28/2010

Dear FM ,
you still long eur/nok ?
its facing a strong res as i see .. you think it will be break and go to your target or it will be difficult ?
Any news about this pair ?

Lebanon,it means eurnok long trade posted has made a good start and eurnok has risen and there is profit.

Lebanon12:23:53 GMT - 10/27/2010

Dear FM ,
sorry i am not so good in english ,
what do you mean by : eurnok longs have kicked in fine

LahoreFM12:18:53 GMT - 10/27/2010

* Webcast of press conference at 14:45 (In Norwegian)

â€śConsumer price inflation has been lower than expected and inflation is projected to remain at around 1Â˝ per cent in the period to summer 2011. At the same time, growth in the Norwegian economy is continuing at a moderate paceâ€ť, says Governor Svein Gjedrem. The outlook for the world economy is still highly uncertain. The expected upward shift in key rates abroad has been deferred further ahead and long-term interest rates are very low. â€śAn overall assessment suggests that the key policy rate be kept unchanged at this meetingâ€ť, says Gjedrem.

The analyses presented in the October Monetary Policy Report indicate that the key policy rate should be held at the current level over the coming quarters and then gradually raised towards a more normal level. Developments since June suggest that the interest rate should be raised somewhat later than projected in the June Report. The Executive Boardâ€™s strategy is that the key policy rate should be in the interval 1Â˝â€“2Â˝ per cent in the period to the publication of the next Monetary Policy Report on 16 March 2011 unless the Norwegian economy is exposed to new major shocks.

LahoreFM12:17:38 GMT - 10/27/2010

Norges Bank Key policy rate unchanged at 2 per cent.

eurnok longs have kicked in fine.

LahoreFM11:54:43 GMT - 10/27/2010

Lebanon,its a big target.i cannot say about this week.perhaps in a few weeks!

Wytheville AH 21:50 GMT October 25, 2010
dear friend,thanx for ur kind post.....yes right eurusd facing strong res 1.45/141 but barrier are to broken any time in these markeet....lets see wat happen...happy trade,

WythevilleAH21:50:08 GMT - 10/25/2010

rana u could be absolutely be correct :) ... why I mentioned we r still "above" support so far .... IF your scenario plays out it will take the market to the very top (slightly above) the 1 hr chart Trading range ....but the market also has barriers overhead now (13985-95) saw selling this afternoon.... since we r currently mid range anything goes .. an area where many traders lose out .... All the Best !!! ... :)

tokyorana21:40:44 GMT - 10/25/2010

Wytheville AH 21:36 GMT October 25, 2010
dear friend,the kind of close ithink many trader will try to jump short shorting star so markeet will go opesite direction.....ithink it will not go below 1.395 InshaAllah my gut feeling....eurusd daily chart have such candles so im using that who knows im lose im targeting 200pips 1.3968 target 1.4168 stop 30/35pips.....happy trade,

WythevilleAH21:36:56 GMT - 10/25/2010

eur/usd ... Basis Daily chart ... Hi 14079 ... a low end close of 100 pips off the hi....13963 but above support... so this is potentially again a "spike hi" type of market action that leaves early buyers under water... basis daily IF downside follow thru continues tomorrow selling may become more aggressive...needs to be watched closely... the market will tell us it's intentions soon enough ...1hr chart still mid range as was the case all day today ... Good Trades ... :)

pure techs here Mailman dear.let us see.BOJ acted silly and the absence is the proof.if they show up again that would be sillier but then CBs do that..look at the FED,how they have cornered themselves into the QE carbuncle!

Richland QCMailman00:20:59 GMT - 10/20/2010

Hi FM my friend. USD/YEN is really going to test our nerves of patience. BOJ could have capitalized on last night's USD across the board strength. 83.10 is the pivotal key.

LahoreFM00:17:14 GMT - 10/20/2010

BuyUSDJPYEntry: 81.46 Target: Stop: 81.05 rigid
long added.

LahoreFM18:18:03 GMT - 10/19/2010

BuyEURUSDEntry: 1.3745 Target: Stop: 1.3695
long here.

SurabayaMedallion14:56:21 GMT - 10/19/2010

BuyEURUSDEntry: Target: Stop:
Dear Lahore Sir FM

Thank You for your recommendation on shorting the CHF :) Thinking about Long Eur now but then is this 1.38 level a good idea to enter or is it Long GBP at 1.5715? Thanks. ^_^

LahoreFM13:53:38 GMT - 10/19/2010

some topping evidence in eurgbp 1 hour charts.will support gbpusd better than eurusd.

Richland QCMailman13:53:07 GMT - 10/19/2010

Agree FM. 1.3800 hand is a good supporting level on the Daily chart. However, I think the tempo is more USD buying. So would rather wait for opportunities to sell the majors.

LahoreFM13:46:36 GMT - 10/19/2010

eurjpy ,eurusd and gbpusd offer some value from long side at current levels imho!

first portion still has target at 1.6670.
--
sl for trade of the month long gppcad is now at entry level and is made rigid.
--
Trade Of The Month working smoothly,now 300 pips in profit.raised rigid sl from 1.5970 ,the entry point to 1.6020.will raise further as it moves higher.

Buy USDCHF
Entry: 0.9579 Target: open Stop: 0.9520
long again.
--
closed half 0.9624 now,stops remain at 0.9520 for remainder.
--
rest out now at 0.9725 for 146+ in all.

Richland QCMailman13:19:45 GMT - 10/19/2010

On usd/chf, inverted H&S with neckline support at 9540 serving as a springboard to propel this strong upmove. 9730 acting as a temporary resistance which we think will yield to the bull market forces within the trading week.

Will look for opportunities to buy on dips.

Richland QCMailman13:10:21 GMT - 10/19/2010

Hi Folks. Been out of trading for quite sometime. Hmmm, looks like there is broad USD strength, buying across the board. Is there any fundamental news or data causing this movement? Or are we in the early stages of stronger USD for the week towards the end of the year?

-
raised sl.saved by .0002 pips.had it been my broker from two years ago.i would have been out with an sl.
--
half out at 1.0057 now for 50+.sl to entry on rest of it.
--
rest out 1.0178 now for 171+ in all.

-
raised sl.saved by .0002 pips.had it been my broker from two years ago.i would have been out with an sl.
--
half out at 1.0057 now for 50+.sl to entry on rest of it.

lkwdjj15:15:04 GMT - 10/14/2010

with you there fm. all we need to seal the deal is the close above 160. heard others calling for a double top in gbpusd, but its been broken with the new high today. usually the reverse happens when such patterns dont materialize. up up and away..

LahoreFM14:22:09 GMT - 10/14/2010

BuyGBPUSDEntry: Target: 1.63/1.66/168/1.73/1.77 Stop:
once more readying for a climb.i am in again.

Mailman Aud can sell against most whereas gbp still room to go up by quite a bit.gbpaud a long too.even minor retraces of aud strength can propel aud crosses gbpaud and euruad higher.needs one small push to get it going.

Richland QCMailman23:52:33 GMT - 10/10/2010

HI FM good morning. After longing eur/aud, what do you think of GBP/AUD? thanks

agree FM, usdchf may try 0.97 during Asia/early London, but being a Friday it is usually the continuation of the whole week's trend i.e. sell usd...even 0.93 is possible once the panic button is pressed later

LahoreFM01:18:32 GMT - 10/08/2010

Mailman dear i am quite skeptical of a bottom.i don't see eurusd stopping just now and don't see any reason why usdchf won't drop too as eurusd rises.

Richland QCMailman23:53:57 GMT - 10/07/2010

Hi FM. Hope you are having wonderful Asian morning.

What is your take on USD/CHF? Looking at the daily and 4-hr charts, our eyes are telling us of a possible bottom already in place and good longs could be ripe for targets: 9850, 1.0180.

LahoreFM22:24:15 GMT - 10/07/2010

BuyGBPCADEntry: 1.6163 Target: 1.7500 Stop: 1.5990
long now for 1.6480.1.6840.1.7220/1.7500.

What do you think of EUR/USD? I short it from 1.37xx and should have put 1.3875 for the stop loss which I didn't. Is it possible to go to 1.45 now after the break of 1.3875? But then I should follow you on Longing the Euro ^_^

As for Eur/GBP is the target 0.8660? Good think last time I didn't Short Eur/GBP from 0.8350. ^_^ Thanks.

--
lowered emtry price for an earlier order to 1.3620 from 1.3262.stops will be placed later for this long order.

LahoreFM13:19:44 GMT - 10/04/2010

thanx Kal,noted about gbpusd.i though favour directly higher.

SaarKaL09:32:45 GMT - 10/04/2010

FM/
Although i placed longs at
1.5875 1.5692
1.5890 1.5676

i think big order around 1.5603 is good

LahoreFM09:25:24 GMT - 10/04/2010

BuyEURUSDEntry: 1.3662 order Target: Stop: 1.3585
order in for long eurusd.

--
lowered gbpusd long stops to 1.5680 from 1.5700

LahoreFM09:05:17 GMT - 10/04/2010

SellEURUSDEntry: Target: Stop:
closed out of two sells of eurusd which caried no stops for about even.

Norwayes23:21:01 GMT - 10/01/2010

My fear that is, trying to figur out wat i do wrong

Norwayes23:12:52 GMT - 10/01/2010

F.M ,Thank you wery much for the anser! This trend was a big suprise to me ,trying to figur it out hawe sems waisted insted of just looked at charts. Always gets this fear when trends stay long time. stil not hawe experiens a situation what i feer most whit this iade I was scalping eur from long side last two days got beck wat i lost in beg of week seems fear is not logikal but a bigg problem too let away Wish you a nice wecand!

LahoreFM21:26:34 GMT - 10/01/2010

es dear lovely to see you about.

there were makings of a rally in eurusd and others but the extent surely not fully seen.right now feel eurusd quite overextendd but surely we both have seen overextended extend a bit more and then go on extending.

gbpusd maybe just starting out on bullish trend more seriosuly in coming sessions.

good trades ea!have a restful weekend!

LahoreFM21:23:53 GMT - 10/01/2010

medallion.short eurgbp still makes sense to me.
i am keeping eurusd short for a bit more.i will not keep it forever if it does not actually go down.

Norwayes21:00:52 GMT - 10/01/2010

Hi FM! Agre whit the trade, i am tierd to figt the trend! in daili it looks like duble top but weakly looks like cop and handl, gues i join you monday. btw who whod beliwed this few weeks ago?not mee for shore! Nice weacand!!

SurabayaMedallion20:58:52 GMT - 10/01/2010

BuyGBPUSDEntry: Target: Stop:
Dear Lahore FM

Are you still shorting EUR? And since you buy the GBP is that meant you have change it into Shorl Eur/GBP? Thanks.

I am not sure that from early Asia price action one may conclude about risk aversion.

Some just getting some goodies at lower prices before an upmove.
Let's see.

Richland QCMailman00:00:41 GMT - 09/24/2010

Looks like and feels like risk aversion is beginning to shape up today. Will be out almost the whole day. Will not be surprised if some trend followers vs. USD would be smacked down as they follow what seems to be final stretch of the trend.

LahoreFM22:16:47 GMT - 09/23/2010

i suggest sl of 1.0300 rather than 1.0275.

good trades to you RN!

TorontoRN22:15:14 GMT - 09/23/2010

BuyUSDCADEntry: 1.0315 Target: Stop:
I have been following your trading strategies and bought USD/CAD at 1.0315 with stop loss at 1.0275. Do you think I should leave the trade as is or raise my sl to 1.0315. I am a new trader and can use any help I can get. Thanks

Always welcome my friend. Tomorrow could be very much different scenario for the aussie and euro depending on the closing prices today.

LahoreFM15:49:37 GMT - 09/23/2010

thanx Mailman.much appreciated.myself no tech expert but just trying to make out the market!

Richland QCMailman15:46:10 GMT - 09/23/2010

Hi FM. Usd/Cad is operating inside an expanding triangle (pls. see 4-hr and 1hr charts for appreciation). Backed by positive divergence on the daily chart, the downside may be protected but we expect some choppy movement while inside this expanding triangle. Thus, we choose to stay on the sidelines.

although its still dangerous I'm a USD bull... and Loonie has given its first long impulse wave from 1.02 to 1.0340 a few days ago and is now only trending down as a corrective phase so is finding support at the 61.8% fib at 1.0267

LondonGB11:26:36 GMT - 09/21/2010

I was curoius as there was no way to catch a good offer after the data came out.

Auckland peat11:21:40 GMT - 09/21/2010

yes why?

LondonGB11:17:25 GMT - 09/21/2010

peat. Were you long usdcad before the cpi #?

LahoreFM11:07:45 GMT - 09/21/2010

cheers Peat,tame cpi!

good trade!

Auckland peat11:03:37 GMT - 09/21/2010

hah I went long on the loonie too... quick 30 pips for half of it hold the rest...

LahoreFM10:56:14 GMT - 09/21/2010

BuyUSDCADEntry: 1.0265 Target: Stop: 1.0220
entered long order.

pulled 1.0260 sl for an an earlier long 1.0324.

tokyorana00:39:50 GMT - 09/21/2010

as we know gbpjpy can travel 2000pips in a day....everyone bullish on audjpy this pair down 1700pips in month gbpjpy 2000pips....ithink yen buy have worth....

HK [email protected] 00:16 GMT September 21, 2010
dear friend,idonot see gbpjpy go above 137.00....boj not care about gbp they care about usd and euro .....from 136/137 im expecting pull back towards 130/128 from there maybe 139/142 maybe new low.....but who knows gbpjpy just keep going down....there is not 1 possiblity ithink 3 to 4 possibabilties have.....forget about boj can do much with yen........happy day,

In case all goes well GBP/JPY target will be [138.00,138.50] or lets say that it is likely the BOJ is loading now GBP/JPY to make a big killing later and weaken the yen too.

tokyorana00:10:36 GMT - 09/21/2010

ihope today audjpy down to 80.50/79.77 than rise to around 81.60/82.30 gbpjpy down to 132.04 than up to 136.45 usdjpy down to 84.74 than up to 86.30/50....ihope this trade work today than iwill be so happy......ihope audjpy reach 81.60/82.30 than down down....not only hope this is my guess...maybe work maybe not...happy trade,

I am not sure if the target you mentioned will be reached today, or if the trade you proposed will be a success(S/L hit), but if you ever see it(1.5860) within the next 24 hours, you may keep your position for 1.6000.

CGN an 13:44 GMT September 20, 2010
dear friend,many thanx.....i have sold audjpy....my broker donot have this pair if my broker have this pair ilike to try....happy trade,

CGNan13:44:46 GMT - 09/20/2010

BuyEURAUDEntry: 1.3820 Target: 1.65 Stop: 1.35
Tokyo Rana

watch the triangle on the weekly EUR/AUD chart. beside of the medium/long term trades, it is possible to trade EUR/USD at least few times to above 1.40 during the rest of this month. if it will break higher than 1.4250 it's all an extra profit. i hope that soon you will talk about profits and not loses. but be patient for that.

EJ,you are right but i had to be away from trading for a while and did not want to leave eurusd short without stops.
-----------------------------------------

I understand, but now I wonder if you are not better off. I do not know where this is going. It's like a yo-yo :)

LahoreFM13:57:24 GMT - 09/16/2010

EJ,you are right but i had to be away from trading for a while and did not want to leave eurusd short without stops.

ZurichEG13:34:26 GMT - 09/16/2010

Eur/chf held 1.33 and this has eased some of the pressures.

LahoreFM13:33:49 GMT - 09/16/2010

yes ws it was technically due and had a timely trigger from the auction going well.

nycws13:20:40 GMT - 09/16/2010

eurusd buying is coming out of its crosses.

Pretoria SAEJ13:17:38 GMT - 09/16/2010

Sell EURUSD
Entry: 1.3069 Target: Stop: 1.3095 bid
sold.
--
stopped for minus 27.
-----------------------------------------------------
FM I think you should have stuck with it. I might be wrong but I am hanging in there.

Happy Trade !!

LahoreFM13:17:01 GMT - 09/16/2010

much exhilaration from bond auctions there ath LK.want to but watching for now.

Buy USDCHF
Entry: 1.0020 Target: open Stop: 0.9970
long now.
--
closed half part now at 1.0161 for 141+,stops to entry on remainder.

tokyorana09:30:12 GMT - 09/16/2010

Lahore FM 09:22 GMT September 16, 2010
dear brother,ur view looks very real to me u mean when every start selling yen than yen climb....i donot know but i heard that in 2008 same situation aud was going up and suddenly down...its hard to say how much efect boj on yen....happy trade,

Just wondering if EUR/AUD at this 1.394x level could have negative impact on the Short AUD/USD? (e.g: EUR drop like stone while AUD stays the same). Thanks.

LahoreFM14:50:44 GMT - 09/07/2010

yep,i took some off the table before and some after the shopping.

there are times when you can't sell cable and others you can't buy it.its a beast!

Richland QCMailman14:49:10 GMT - 09/07/2010

It is OK FM. How about shopping, being away from the screen then coming back with surprise ++++ pips on the table huh?

Seriously though, even the break of 1.5340 and 25 are not convincing. There were times cable was just slashing through every kind of support once it breaks low. Not this time or at least not in this season.

tokyorana14:48:34 GMT - 09/07/2010

Europe Theorist 14:39 GMT September 7, 2010
dear friend,i agree with FM 126.65 but ithink this pair make lower low so best is put entry 50 to 100pips below that...markeet will take major stops in case any rise but its more likely to take 118 soon............happy trade,

tokyorana14:45:22 GMT - 09/07/2010

me too not bullish on any jpy pairs just a try...........

LahoreFM14:42:51 GMT - 09/07/2010

Theo,your best bet is that 126.80 multiweek lows area holds the downside.

GBPJPYEntry: Target: Stop:
Hi lahore hope your well during this EID period... your thoughts on GBPJPY, I'm long in small lots building a larger long position going down. Where you think the turn is for this pair... Cheers

cant say I mind Euro falling like that. I've been building up some big positions for me and they were starting to hurt a bit.. this gives me an opportunity to lock in some gains on the most recent trades and reduce exposure.
was there any news or anything?

LahoreFM23:27:54 GMT - 09/06/2010

seems usd kicked their ladder from under them.

LahoreFM13:04:46 GMT - 09/03/2010

BuyUSDCADEntry: 1.0429 Target: Stop: 1.0350
added second long.

LahoreFM13:03:35 GMT - 09/03/2010

SellAUDUSDEntry: 0.9159 Target: Stop: 0.9190
keeping lower entry too

LahoreFM17:26:48 GMT - 09/02/2010

BuyUSDCADEntry: correction* Target: Stop:
keeping sub 1.05* long

LahoreFM17:10:04 GMT - 09/02/2010

BuyUSDCADEntry: Target: Stop:
higher entry long closed for a 6 pip gain.keeping sub 1.04 long and hopefully it will see me through tomm's numbers.

today rather than Bern DS expressing a strange feeling i have this strange feeling that the continuing strength of chf is most likely a herald for financial chaos ahead.

a major meltdown is most likely at hand soon.

LahoreFM01:53:25 GMT - 09/01/2010

SellAUDUSDEntry: 0.8977 Target: Stop: 0.9030
sold.

LondonShaun15:27:56 GMT - 08/31/2010

BuyEURCHFEntry: 1.2890 Target: Stop:
London Shaun 14:04 GMT August 25, 2010
Trade Ideas: Reply
Agreed with FM that is. Still holding short EurDlr. Sold EurCHF at 1.30 adding to short from 1.3250.
------------------------------------------------------------
Taking back the 1 unit shorted @ 1.30. Leaving strategic 2 units short @ 1.3250. Moved stop down to 1.3030

lkwdjj14:18:46 GMT - 08/31/2010

nice trade fm in euro.

LondonShaun14:04:53 GMT - 08/31/2010

For what it's worth, I was short 2 units at 8250 for a few weeks now and just cut at 8270. Might sell again higher up but today's mortage loan stats bode ill for future data on Sterling.

Short 1 unit 10,100. 2 @ 10200; 1 @ 10100; 1 @ 10050. ------------------------------------------------------
bght back 4 units at target. Hoping we may see a bounce back above 10,000 but looking less and less likely.

Ok Sal. I am in now gbp/yen - longs after the pair touched 131.95 earlier. Seems USD/yen has found support just within the CP area. No need to fear much now. After all there is nothing to fear but fear itself.

LahoreFM06:37:26 GMT - 08/30/2010

cheers Mailman,certain deliveries made good already i see!

TD happy trades!

Hesham as well!

LahoreFM06:35:55 GMT - 08/30/2010

Lahore FM 22:13 GMT August 29, 2010
GVI Forex Trading Support: Reply
there is a possibility that all this ado about nothing WILL come to nothing.

--

and as has been the case with boj and jpy.it has come to nothing really!!

Nice call FM on the Aussie. I was still waiting 9040/50 at least to join you.

Richland QCMailman03:09:36 GMT - 08/30/2010

Hi FM. Just joined you in buying @ 1.0480. Temporary 2x bottom in place.

singaporetd23:59:05 GMT - 08/29/2010

followed you FM, audusd looks toppish
sell 0.9014, stop 0.9072

LahoreFM21:14:10 GMT - 08/29/2010

BuyUSDCADEntry: 1.0501 Target: Stop: none
long here.

LahoreFM21:13:27 GMT - 08/29/2010

BuyGBPAUDEntry: 1.7230 Target: Stop: 1.7080
bought for 1.8000.

LahoreFM21:12:45 GMT - 08/29/2010

SellAUDUSDEntry: 0.9016 Target: Stop: 0.9090
sold.

LondonShaun19:02:15 GMT - 08/27/2010

Yes thanks jj and for your best wishes too FM. Left an order to sell last 5 units at 76 with stop for all at 76.60 - moving house next two weeks so back for the fun in 2nd week Sept. Great weekend to all and gl/gt

lkwdjj18:38:21 GMT - 08/27/2010

shaun watch broken trendline in crude from mid summer . retest comes in around 76. need to see close above there to change direction in mkt. i also think we go lower but not from these levels. close above 75 will pull the oil bulls back into mkt but i dont see it higher than 76. good w/e and enjoy the day off on monday.

LahoreFM18:14:22 GMT - 08/27/2010

Shaun,wish you luck with that!

LondonShaun18:12:52 GMT - 08/27/2010

With you all the FM. Just sold 2 units (short 5 total) @ 7500

LahoreFM18:09:04 GMT - 08/27/2010

SellCrudeEntry: 74.89 Target: Stop: 75.80
sold oct crude.

EuropeTheorist17:42:19 GMT - 08/27/2010

To All On The Forum..

Its been a gret week .. some tears some beers but all in all very interesting..

BuyEURUSDEntry: 1.2705 Target: Stop: 1.2765
added long with its own stop.

LahoreFM17:01:58 GMT - 08/26/2010

yep Mailman,gbp a different creature comparatively.

happy trades!

Richland QCMailman16:39:26 GMT - 08/26/2010

Nice trade FM. Just shows us how reversals can just happen anytime. What happened during this Asian morning was a surprise after gbp/usd rallied without let up to 1.5570 breaking all resistances! The rest of the majors moved under normal range except GBP - with a life of its own.

>>Surabaya,1.2760 and more for sure.still one possibility of a dip >>to 1.2660 area is also there but around usa session open if >>there isn't any dip we will go directly higher and in case the >>dip comes even then destination for short and medium term is >>upwards.

LahoreFM09:31:29 GMT - 08/26/2010

Surabaya,1.2760 and more for sure.still one possibility of a dip to 1.2660 area is also there but around usa session open if there isn't any dip we will go directly higher and in case the dip comes even then destination for short and medium term is upwards.

SurabayaMedallion08:49:31 GMT - 08/26/2010

BuyEURUSDEntry: Target: Stop:
Dear Lahore FM

Looks like Eur/usd first wave has reached 1.2745, do you think 1.2760 is still possible? Thanks. ;)

>>Lahore FM 03:33 GMT August 26, 2010
>>Medallion we are on our way to 1.2720.looking sprightly!

Buy AUDUSD
Entry: 0.8794 Target: Stop: 0.8720
long again after breaking even on earlier long.
--
half closed now at 0.8848,stops raised.

Richland QCMailman14:34:48 GMT - 08/25/2010

Hi there. contra-trade in a sense that price has nicely bounced of 1.2610/15 S1 broke congestion at 1.2650 to rally past 1.2660 CP on the back of a weaker than expected housing data. So in that perspective, the trend at that moment was for the euro bulls.

BuyAUDUSDEntry: 0.8794 Target: Stop: 0.8720
long again after breaking even on earlier long.

Richland QCMailman09:57:12 GMT - 08/25/2010

Lol purk. Let us prepare now for 1.5380 Cable OPENING.

orlandoTFG09:37:51 GMT - 08/25/2010

I just shorted the gbp/usd #15413 where should I place my limit at and stop ? and thanks for the input for a newbee

AmsterdamPurk09:35:15 GMT - 08/25/2010

And i do not mean his pants...

AmsterdamPurk09:33:17 GMT - 08/25/2010

Yes Mailman, i bet UK-JB is laughing his bÂ´s off with his shorts aud-usd at 9135 or in that area. Not to mention his shorts cable.

Richland QCMailman09:27:24 GMT - 08/25/2010

Thanks again FM. We learn from each other. We learn from very good traders here as well. One of the memorable experiences was when almost 5-6 traders have joined forces to short the aussie 9060/70, including us of course and resulted in good gains.

Meanwhile, this upward movement of gbp and euro are no more than opportunities to SHORT for as long as the Daily trend (using the daily chart) continues. For GBP, 1.5390 (horizontal support, several dips and price reacted) needs to OPEN later. I believe it is just delaying the move, market looking for a reason before it hammers it.

LahoreFM09:18:35 GMT - 08/25/2010

Mailman,its a pleasure to see through your hawkeyes.

not only on one occasion it was reading your post that i saw a trade idea.

cheers!

Richland QCMailman09:08:12 GMT - 08/25/2010

Thanks FM. But you are still the MAN good friend.

great trades to you, as always.

LahoreFM09:04:45 GMT - 08/25/2010

good trading Mailman,you are our forum stalwart!

LahoreFM09:03:06 GMT - 08/25/2010

Medallion yes it is a good chance for eurusd to do lots more on upside.

Richland QCMailman09:00:37 GMT - 08/25/2010

Hit and Run. Closed the euro shorts as 1.2680 could not be broken at the moment.

Richland QCMailman08:57:03 GMT - 08/25/2010

Got some shorts ahead of 1.2710. Let us see if the market is just playing the range 1.2610 - 1.2725. The bounce is the 2nd one off the 50% fibo @ around 1.2600. Hmmm, this is getting to be more interesting than we all thought.

SurabayaMedallion08:40:08 GMT - 08/25/2010

BuyEURUSDEntry: Target: Stop:
Dear Lahore FM

Do you think there is a good chance for EUR/USD to push upside through 1.272x area today into at least 1.2750-60 area? Thanks.

Richland QCMailman02:09:27 GMT - 08/25/2010

Hi FM. Just want to share another view on the aussie. I personally remain bias on the pair for as long as 8870 resistance caps. I like to see 8690/8700 extending to 8500 perhaps before looking to establish some good longs.

Commenting beyond those levels will be very theoretical at this point.

Different strokes for different folks. I like euro and cable bulls to bring the price higher so that we can have the opportunity to SELL. More confidence in shorting than buying. After all, we are in a temporary bear trend (strong USD) at least for today.

LahoreFM13:13:28 GMT - 08/24/2010

Shaun you may well be right in your interpretation with yen factor.

good trades to you whichever way!

LondonShaun13:05:47 GMT - 08/24/2010

SellEURUSDEntry: 1.26 Target: Stop:
Hi FM. I've been waiting for the â‚¬$ bounce all week but just don't see it happenning now with the Yen play being so one way. So adding to my short @ 1.29 here. Moved my tp down to 1.2650 and will re-enter again @ 1.27 if seen...which looks doubtful.

Thanks, I will wait for that EUR/USD 1.28xx. But just wondering if EUR/GBP at this 0.816x level would slow EUR/USD path to the 1.28xx level? Cheers ;)

>>Lahore FM 12:39 GMT August 23, 2010
>>
>>Surabaya,yes eurusd can still make it to 1.28 and higher.

LahoreFM12:39:58 GMT - 08/23/2010

BuyEURCADEntry: 1.3304 Target: Stop: 1.3180
long now.

Surabaya,yes eurusd can still make it to 1.28 and higher.

SurabayaMedallion18:33:39 GMT - 08/20/2010

BuyEntry: EUR Target: Stop:
Dear Lahore FM

Do you think the Euro could still go up from this 1.271x or have to wait for next week for the Euro to go up? Thank You.

LahoreFM18:05:42 GMT - 08/20/2010

WTR i will keep an eye out for possibilities connected with your view.

cheers!

PerthWTR17:24:53 GMT - 08/20/2010

Thanks FM for sharing ideas but with all due respect I think euro is history now, can't see it go into 1.28 anymore.
My plan alone is to short around this 1.2710-20 and then 1.2760 area, momentum should take it lower early next week, minimum of 1.2570, if risk aversion spills over then expect a quick flood down to 1.23

LahoreFM17:03:44 GMT - 08/20/2010

London Shaun 16:57 GMT August 20, 2010

a great many thanx for you kind appreciation Shaun!

many good trades to you

LondonShaun16:57:11 GMT - 08/20/2010

FM - I've been tracking your calls the last few months an my hat off to you. Great calls 95% (?) of the time (which is about 90% more than me)...but this time I think your call will be a part of the other 5%. Nevertheless, I do watch your posts and am influenced by them - so thanks all the same. GLGT

West VanBing16:56:49 GMT - 08/20/2010

1.2730 is a strong resistance

DubaiSAS16:55:32 GMT - 08/20/2010

Thanks FM ... seems to be moving as we speak ;-)

LahoreFM16:51:11 GMT - 08/20/2010

yes SAS there is a possibility of this diabolical move.am long and might add if we go mcuh lower.looking for 1.2830 here.

SurabayaMedalion16:50:44 GMT - 08/20/2010

Dear Sir Lahore FM

Do you think at least Eur 1.2748 possible today? Hopefully it is not impossible to get there. Thanks as always. Cheers ^.^

only 4 hours left, this is impossible IMHO. all members here also shorting EUR, will not go to Mr. wfakhoury taget level

LahoreFM16:43:49 GMT - 08/20/2010

Bing you made me laugh.good thing!

yes impossible but we don't have the impossible in forex.in any case that was a musing!

DubaiSAS16:43:44 GMT - 08/20/2010

Lahore FM 16:40 GMT August 20, 2010

Do u think that's a possibility .. looking to go long the EURGBP

West VanBing16:42:05 GMT - 08/20/2010

1.2830 tonight? impossible, 200pips away

LahoreFM16:40:28 GMT - 08/20/2010

if eurusd closes 1.2830 tonight then this or next quarter can see 1.3630

LahoreFM13:08:33 GMT - 08/20/2010

BuyEURUSDEntry: 1.2695 Target: Stop: later
bought.

LahoreFM21:36:34 GMT - 08/19/2010

i hope friday is not a zigzag like today but directional.techs evenly balanced almost and friday looks like a good candidate for a clean break.larger timeframes favour risk aversion.shorter favour risk on.

Dear FM,good calls idonot know about eurusd 1.36 or 1.35..but ithink gbp eur aud will rally against usd and it will make high maybe untill nov or next month more rally...well im starting to target gbpusd 1.70 and eurusd 1.35/1.38/1.46...happy trade,

LahoreFM17:11:19 GMT - 08/18/2010

Shaun fortunes of both eurgbp and eurchf change with a rise in eurusd leading rest of the pack.

LondonShaun16:43:27 GMT - 08/18/2010

I sense that a lot of real money is glad to get out of long â‚¬$ positions after last week's px action @ 1.2850 -1.30. I've no axe to grind but a lot of discussion creeping back in about the â‚¬ looking to go back up to 1.35. Last week's wipe out in a week of 3 week's gains (â‚¬$) seems a strong statement to me. And that was just on the back of whiff of trouble in Ireland! I'd value anyone's views on shorting EurGBP and Eur CHF. Thanks in advance and gl/gt

LahoreFM15:59:19 GMT - 08/18/2010

Taro,yes gbpusd to follow to.but possibly some support from a recovering eurgbp cross to favour euro over gbp

Richland QCMailman15:59:02 GMT - 08/18/2010

Thanks FM. Just tried this one for the first time since i started trading. Shorted 1227.42 stop at 1.1230, target, open.

yeh I was a bit surprised by FM buying Euro too... sure it may find some support at some stage being quite oversold on an hourly basis but pretty clear the winds have changed

LahoreFM23:23:13 GMT - 08/11/2010

RR,sign of aversion were not very strong and evident enough when i went long eurusd 1.2910 at 4 hour chart support levels,thus the long eurusd.

audusd i think can visit 0.8500.there is lots more aversion yet to unfold.the daily closes tonight for oil stox and most apirs speak of more action hereon.

NYCRR23:11:21 GMT - 08/11/2010

FM, do you have a target for the Aussie. IN y view its the most overvalued thing out there right now. Also curious to know why you were bullish on the EURUSD buying the same at 1.2910. TIA for your views.

--
keeping half of the post fomc short 1.5905 with an entry stop for a deeper move lower.
--
rest of the post fomc shot gbpusd 1.5905 which happened to be 2 pips below day high closed now at 1.5702 for 203+.

RexburgStubbs11:18:23 GMT - 08/11/2010

I'm to say congratulations Stubbs. Nice call

Rexburg Stubbs 19:18 GMT August 10, 2010
Trade Ideas: Reply
I'm to say that 85 is an easy target since it is just a few pips away.
One GS trader leaning on his button but for a brief moment will tackle that.

sold again.
--
half closed now at 1.5850 for 55+.stops stay for remainder.

Londonex19:22:26 GMT - 08/10/2010

Problem with USDJPY 85.00 is that Japan has muddied the water about whether they will defend 85.00 or 80.00. I think their first line of defense is 85.00 but if it does not hold, they will say it was 80.00.

RexburgStubbs19:18:54 GMT - 08/10/2010

I'm to say that 85 is an easy target since it is just a few pips away.
One GS trader leaning on his button but for a brief moment will tackle that.

LA LA 19:16 GMT August 10, 2010

LALA19:16:31 GMT - 08/10/2010

The battle is now on for usdjpy 85. Place your bets.

TORONTORN19:12:19 GMT - 08/10/2010

Did exactly what you did. Lowered stop to 1.5900. Now have a free trade. Hope we make lots of money on this one. Thanks for your thoughts. Happy trading. Raj

I' to say that the Dr two-way, never a loss just a reverse call, market technician from Amman can follow me to paradise now.

RexburgStubbs18:11:47 GMT - 08/10/2010

I'm to say that gbp.usd at 1.5792 is a red hot spicy sell.

RexburgStubbs18:00:56 GMT - 08/10/2010

I'm to say that risk only exists when you don't have the odds in your favor, unless you don't take the trade when the odds are in your favor. No odds, no trade. Odds, trade. All good trades are good trades even if they lose. All bad trades are trades taken when you were destined to lose, unless you didn't take a good trade, win or lose.

nyc ws 17:57 GMT August 10, 2010

LahoreFM17:58:40 GMT - 08/10/2010

Cheers Stubbs.many good trades to you!

RexburgStubbs17:57:28 GMT - 08/10/2010

I'm to say that you did it so well, selling gpb.usd
Congrats in advance.

Lahore FM 17:48 GMT August 10, 2010

nycws17:57:07 GMT - 08/10/2010

Wait for the fomc reaction, let the dust settle and then decide whether to to trade. This is a very risky meeting and tricky reaction..

dear Alimin they will be an indicator...can't possibly escape unscathed!

makassaralimin15:20:00 GMT - 07/27/2010

FM, i guess stocks are not indicator of economic performance anymore

LahoreFM15:13:35 GMT - 07/27/2010

SellCrudeEntry: Target: Stop:
07/26/2010 14:15:53 FM Lahore 25
many pairs shud be reaching terminus of the medium term journeys and long term turnarounds quite near.

usdcad is one usdchf is another,euraud yet another.looking for longs on these.oil shud be still a short imho.i have stops on for crude shorts which i moved to september contract from august the last week.
--
crude can drop to mid 60's over a few days.who needs oil when economy sucks!

LahoreFM13:36:51 GMT - 07/27/2010

it is likely that strength from usdjpy and usdchf will spill over to other pairs.more so for usdcad audusd and nzdusd.

Sell AUDUSD
Entry: 0.8986 Target: Stop: 0.9040
sold.added to an earlier short that did not have a stop.
--
stopped for minus 64.

LahoreFM12:27:53 GMT - 07/27/2010

BuyUSDCADEntry: 1.0266 Target: 1.08 Stop: later
long here.

lkwdjj18:22:10 GMT - 07/26/2010

can you see the advance/decline in sp? 5:1 up.

Hamburg98ccm18:08:50 GMT - 07/26/2010

If we see S&P 1107 we may see 1103.50. No big deal and ways to go.

lkwdjj17:45:07 GMT - 07/26/2010

FM thats because the insiders know whats coming and push the stock ahead of the report, up or down.stox that are good look like a buy before the report and vice versa. its all in the chart.

Hamburg98ccm17:41:49 GMT - 07/26/2010

TD, I agree with you, too. I am very impressed by
1) Adavance decline of S&P
2) Final hour trading
Both bullish.
In that respect shorting S&P is a scalp trade and not a swing trade. Thanks for the reminder.
BTW: But my AUS/USD shorts hurt more. GT to you.

98ccm. you are done now. 1111 will pull it higher and then some. earnings drive stox(peter lynch) and so far they've been a beat as opposed to all the fear .

BelgradeTD17:26:09 GMT - 07/26/2010

Well, S&P breaks top end of the trading range at 1,100 (last several months) and it's in a new channel - 1.100/1114 (200MA). I don't think it's a good idea for any position in the middle of nowhere until we broke up or down. Both levels are significant so little to risky for me ... anyway just my point of view ... GL and GT.

lkwdjj17:19:33 GMT - 07/26/2010

not enough bidders is the problem , not the offers...

Hamburg98ccm17:03:42 GMT - 07/26/2010

Yet they still seem to have a hard time hitting my 1108.50 ask.

Hamburg98ccm17:00:00 GMT - 07/26/2010

JJ you are right. average volume seems to be appr. 2.5k or so per minute.

lkwdjj16:52:44 GMT - 07/26/2010

doesnt sound like much between 8 price points. 3k at each a joke with volume so far today at 1 million. maybe they added come and get some....

Hamburg98ccm16:41:59 GMT - 07/26/2010

S&P floor traders sent a mail saying from 1109 to 1111 there are 25k ESUs offered (8:45 chicago time).

LahoreFM16:25:36 GMT - 07/26/2010

SellS&PEntry: 1108.25 Target: 980 Stop: 1127
sold.

earlier partial shport 1094 stopped out for a large profit.carrying one small short lower too.

LahoreFM15:24:55 GMT - 07/26/2010

SellAUDUSDEntry: 0.8986 Target: Stop: 0.9040
sold.added to an earlier short that did not have a stop.

Chris it feels we have seen extensions of even extended moves.i can't see why with world economy teetering from crisis to crisis shud have such strong commodity currencies.what of the baltic dry index which says we are doomed for slow growth.

usdchf on the other hand is getting more than its share of offsets.all thses shud correct at some point.also that point is about now.

LondonChris14:39:54 GMT - 07/26/2010

FM are you saying we go into a risk aversion = slower economy = weaker commodities medium term mode???

LahoreFM14:32:36 GMT - 07/26/2010

sh hl,yep,i am equally interested how it turns out despite many false signals on so many tradables

shhl14:29:07 GMT - 07/26/2010

Hi FM, seems risk trade and equity just started the march to the north, will be interesting to see how mkt play out vs your view in cad, chf weakness..gt/gl

LahoreFM14:15:53 GMT - 07/26/2010

many pairs shud be reaching terminus of the medium term journeys and long term turnarounds quite near.

usdcad is one usdchf is another,euraud yet another.looking for longs on these.oil shud be still a short imho.i have stops on for crude shorts which i moved to september contract from august the last week.

Sell S&P
Entry: Target: Stop:
do they have any term in previous stox history for a whole week of losses like bleak week or something or for a month?
--
so is there no such name as bleak week or dismal month or such?

LahoreFM13:52:01 GMT - 07/21/2010

SellS&PEntry: Target: Stop:
do they have any term in previous stox history for a whole week of losses like bleak week or something or for a month?

closed half now 1.7436= closed 1/3rd now 1.7436
--
closed 2nd 1/3rd now 1.7585,stops to entry on last part.

PerthWTR14:39:20 GMT - 07/16/2010

thanks FM but aren't they the traditional vehicles in risk aversion environment? or are we gonna witness a game change?

LahoreFM14:34:32 GMT - 07/16/2010

aversion is a strange animal.there may not be any formulas than finding the momentum trade among those already running in this averse atmos!

LahoreFM14:33:09 GMT - 07/16/2010

WTR,i did buy gold but it did not trigger and was stopped.

chf is weak now on chfjpy and just about begining a big decline.chf is weak on crosses and correcting a thousand pip decline on those.i doubt chf sees any strength but then that's my humble view.

PerthWTR14:28:49 GMT - 07/16/2010

FM, buy gold and chf against everything then?

LahoreFM14:22:20 GMT - 07/16/2010

one move correcting early weakness in audusd nzdusd and strength in usdcad is possible.it can be a breakneck type.

thereafter will start the real aversion which will last perhaps rest of the year.

LahoreFM14:08:33 GMT - 07/16/2010

07/16/2010 01:50:49 FM Lahore 2
looks like the big aversion Friday!

--
we can go anywhere at all on indexes oil and usdcad .

add to this audusd usdchf chfjpy too

LahoreFM01:50:49 GMT - 07/16/2010

looks like the big aversion Friday!

LahoreFM00:03:41 GMT - 07/16/2010

tame nz cpi to haveve rbnz pause till year end.

LahoreFM23:44:51 GMT - 07/15/2010

BuyGoldEntry: 1209.85 Target: 1250 Stop: 1199
long here.

LahoreFM19:25:07 GMT - 07/15/2010

this market is more interesting than any i have seen in more than a year.thanx goodness that summer doldrums seem to have been postponed indefinitely!

LahoreFM14:58:44 GMT - 07/15/2010

GVI Forex Jay 14:09 GMT July 15, 2010

thanx Jay! the other part oil short has also kicked in fine,just another 8 to 12 dollars more to go there.

GVI ForexJay14:09:01 GMT - 07/15/2010

FM, good call in usd/cad (long)

tokyorana13:44:45 GMT - 07/15/2010

nyc s 13:40 GMT July 15, 2010
dear friend,it will never ever happen wat ur dreaming world is over in 2012....usa never stop war never economy get better...japan no war jpy rising for 30years....good luck...happy trade,

nycs13:40:19 GMT - 07/15/2010

The market seems to be back in a traditonal weaker economy = weaker currency for the usd. How long this continues is anyone's guess but it is a change for sure.

LahoreFM13:31:06 GMT - 07/15/2010

this quarter's big trades are unfolding today.oil short which works well with usdcad long.i have positions in both.

Where have u been my friend? I sent u some messages , not received or not replying? Thought about u when heard of the lahore blasts but then saw a post that all was okay, was worried for a while when u didn't reply

Hope u are having a good year... Send me a message let's stay in touch

Sell EURUSD
Entry: 1.2645 Target: Stop: 1.2685 for two
sold some more and moved stops higher for earlier short to 1.2685 alongwith stop for new short.
--
clsoed haldf now at 1.2563.stops lwoered to entry for remainder short.

Buy EURUSD
Entry: 1.2194 Target: 1.3180 Stop: 1.2080
long now with a stop and a target.
--
1/3rd out now at 1.2375,stops raised to entry on rest of it.
--
another 1/3rd out at 1.2525 now,stops stay as before.

this off Tomi's advice in part.

--
last part 1/3rd out now at 1.2650.

AmsterdamPurk11:02:31 GMT - 07/06/2010

WTR. The flows can have overflows. the 12605 was just a number that was targetted last week and had to be touched again, so is 12440. On the other hand there is the range. Right now it is not nearly a 100, so today might be trying 2 ranges in one day, lets say 200.
That means or 12718 or 12405.
Let the best pip win.

PerthWTR10:43:48 GMT - 07/06/2010

agree with FM and Purk, eur should tank again later
can't see any factors that may change this

Buy EURUSD
Entry: 1.2219 Target: Stop: later
bought once more at 1.2219,earlier position long stopped for minus 49.

06/30/2010 17:02:09 FM Lahore 7

Buy EURUSD
Entry: 1.3259 Target: 1.26 Stop: 1.2210
additional long entered on eurusd with its own stop and target.
--
1.2219 long eurusd closed in half now at 1.2289,stops placed 1.2180 for remainder.
--
rest out in full at 1.2524 for 305+ in all

Buy EURUSD
Entry: 1.2194 Target: 1.3180 Stop: 1.2080
long now with a stop and a target.
--
1/3rd out now at 1.2375,stops raised to entry on rest of it.
--
another 1/3rd out at 1.2525 now,stops stay as before.

Buy EURUSD
Entry: 1.2194 Target: 1.3180 Stop: 1.2080
long now with a stop and a target.
--
1/3rd out now at 1.2375,stops raised to entry on rest of it.

LahoreFM10:50:10 GMT - 07/01/2010

Cheers Chris,,,many thanx!

LondonChris10:44:45 GMT - 07/01/2010

FM good one on the eurusd. Move is still inconclusive but must admit I did not see it above 1.23 today.

KLRon10:22:00 GMT - 07/01/2010

manila tom, do you think we are going to see euro at 1.18 again soon?

LahoreFM10:21:50 GMT - 07/01/2010

Dear Laowen,the post is follow up on call for 1.3180 over 4 to 6 weeks maybe longer.today's sky may well be capped as you say.

happy trades!

manilatom10:20:25 GMT - 07/01/2010

FM, 1.2370-1.2420 will just be the limit IMHO and then down hard again

BeijingLaowen10:19:57 GMT - 07/01/2010

Lahore FM 10:11 GMT July 1, 2010
===============================
Nice call FM on Euro. However, let's see how it acts at 1.2345 and 1.2368. The sky for today can hardly higher than 1.2434, imho. Cheers and good luck.

LahoreFM10:11:15 GMT - 07/01/2010

eurusd,,,sky is the limit!!

jkt-aye09:50:16 GMT - 07/01/2010

Europe Theorist 09:12 GMT July 1, 2010
I can't fly and do FX at same time ...
---------

use auto pilot :)

Richland QCMailman09:22:22 GMT - 07/01/2010

Closed the ailing gbp for a paltry gain. Reversed positions ahead of 1.49000.

LahoreFM09:13:04 GMT - 07/01/2010

send me an email through Jay then!

EuropeTheorist09:12:04 GMT - 07/01/2010

Lahore FM

Seriously.. yeah it is ... I can't fly and do FX at same time ... passengers get a little pissy

LahoreFM09:10:18 GMT - 07/01/2010

thanx KB,the four hour chart long trade for eurusd is yet to unfold,so far only a trailer i suppose!

LahoreFM09:09:21 GMT - 07/01/2010

Theorist,only if it is an mt4 one!

jerusalemkb09:05:25 GMT - 07/01/2010

GREAT CALL FM , really it is a great one

EuropeTheorist09:05:07 GMT - 07/01/2010

Lahore FM, why dont I give you my account with a whole load of money in it ... split 50/50 so I can go finish my commercial pilots license and go lay on the beach in Ibiza while you work???

I think thats fair ... what you think ??

:-))))

LahoreFM09:01:02 GMT - 07/01/2010

gbpusd suffering offset on eurgbp as you must have noted already.its a euro story right now.

good trades Mailman!

Richland QCMailman08:56:50 GMT - 07/01/2010

Congrats FM. You got in at the right airline.

I should have bought this one at 1.2225 or even higher but the chart formation and indicators led me to buy gbp/usd at 1.4900 instead.

LahoreFM08:48:40 GMT - 07/01/2010

BuyEURUSDEntry: 1.2219 Target: Stop:
07/01/2010 01:07:41 FM Lahore 2

Buy EURUSD
Entry: 1.2219 Target: Stop: later
bought once more at 1.2219,earlier position long stopped for minus 49.

06/30/2010 17:02:09 FM Lahore 7

Buy EURUSD
Entry: 1.3259 Target: 1.26 Stop: 1.2210
additional long entered on eurusd with its own stop and target.
--
1.2219 long eurusd closed in half now at 1.2289,stops placed 1.2180 for remainder.

LahoreFM01:07:41 GMT - 07/01/2010

BuyEURUSDEntry: 1.2219 Target: Stop: later
bought once more at 1.2219,earlier position long stopped for minus 49.

06/30/2010 17:02:09 FM Lahore 7

Buy EURUSD
Entry: 1.3259 Target: 1.26 Stop: 1.2210
additional long entered on eurusd with its own stop and target.

lkwdjj19:56:12 GMT - 06/30/2010

fm looking at the 2-10 yields between eurozone and usd looks like higher eurusd going into nfp.

Is anyone using Forex Robots here? I heard they can be useful for beginners but I don't know what to choose. I found this one http://censored/
Has anyone tried it before?
What do you think about it?

sao17:51:34 GMT - 06/30/2010

Hi FM, my friend

any target or stop on your long audusd ??? or just let it be...

we are in the same boat, tia . gtgl or merde for both !

LahoreFM17:02:09 GMT - 06/30/2010

BuyEURUSDEntry: 1.3259 Target: 1.26 Stop: 1.2210
additional long entered on eurusd with its own stop and target.

Richland QCMailman16:18:40 GMT - 06/30/2010

Thanks FM too.

Got back and saw our aussie longs 8450's closed at our set target profit limit of 8480. Square for now. This is such a good day.

LahoreFM15:17:11 GMT - 06/30/2010

Cheers Mailman!

Cheers Stubbs!

Richland QCMailman15:05:45 GMT - 06/30/2010

Thanks jj. Closed this thing coz the market is crazy. To put FM's words, it is getting ballistic in there.

Richland QCMailman14:59:37 GMT - 06/30/2010

Lahore FM 13:41 GMT June 30, 2010
Trade Ideas: Reply
Mailman dear i do and did take partial profit on audusd trade but could not be posted in time here.
remainder had entry sl.still looking for audusd longs rather than shorts.
--------------
Opened up some fresh aussie longs 1.8450's.

lkwdjj14:58:23 GMT - 06/30/2010

the mailman delivers once again!!! 14935 hit on the nose. just blowing my own vuvuzella !!!

Richland QCMailman14:53:40 GMT - 06/30/2010

Closed gbp/usd shorts @1.4940 for some good gains. Patience paid off this time.

Richland QCMailman14:14:20 GMT - 06/30/2010

Thanks FM. Got stopped out on my one last aussie long. A tough day - for the bulls. A bull trap at 1.8550's.

Buy GBPCAD
Entry: 1.5260 Target: Stop: none- use discretion if following
long here for a few hundred pips.
--
closed half now 1.5554 for 294 +.
--
rest closed now at 1.5807 for 547+ in all.

Richland QCMailman09:42:11 GMT - 06/29/2010

Time to go gbp/yen longs from 133.25/30 expecting some +30 pip or more bounce.

Richland QCMailman08:41:06 GMT - 06/29/2010

GBP longs closed before 50... looking to short later.

DAR FJ08:40:23 GMT - 06/29/2010

GBPUSDEntry: Target: Stop:
start to look that profit at 1.5049 that is 19 pips and see this market has a price level of up to 1.5116 so you can lock that and see what the total profit is and then after that enter that short that will give you more

YVR MAXXIM08:34:39 GMT - 06/29/2010

BuyGBPUSDEntry: Target: Stop: :bio fuels brand dossier & power

DAR FJ08:31:56 GMT - 06/29/2010

GBPUSDEntry: Target: Stop:
If you were short at 1.5080 you can close that short and enter into long at aroud 1.5030 but this will be a small position the big picture cable is weak so even if when your taking long take it with caution. if it pass through 1.5020 it will go down to aroune 1.4950 to 60 that is what i can say for now

Richland QCMailman08:22:47 GMT - 06/29/2010

Closed shorts just above 5030. Opened new short-term longs 5030. Let us see.

DAR FJ08:18:10 GMT - 06/29/2010

SellGBPUSDEntry: 1.5080 Target: 1.5023 Stop:
Now you can take a profit of that short from 1.5080 to 1.5020 or wait until it reaches 1.4950 or scale in your profit at 1.5048. Takes what market gives you do not be greed

DARFJ07:01:07 GMT - 06/29/2010

GBPUSDEntry: Target: Stop:
This cable it looks to be weak the buying signal is just a blip but it seems to be weak

YVRMAXXIM06:53:12 GMT - 06/29/2010

BuyGBPUSDEntry: slugish Target: ufo Stop: 1.5011
no Comments:

YVRMAXXIM06:31:55 GMT - 06/29/2010

BuyGBPUSDEntry: Target: Stop:
rue integer

dcCB06:16:50 GMT - 06/29/2010

something is very very wrong that this cannot be pulled off

even the 2AM brigade is on the sell side

dcCB06:09:29 GMT - 06/29/2010

politics aside
not playing to script catches the unwary. my position straddled. Cannot Know

LahoreFM04:05:53 GMT - 06/29/2010

Perth WTR,yes,though eurgbp takes to aversion well when it hits full force and eurgbp can rise dramatically.

PerthWTR04:01:55 GMT - 06/29/2010

agree FM, euro, aud and others will fall further...not sure where eurchf will end up later, under 1.3 maybe
eurgbp looks like touching under 0.8 soon
usd will rise to make new highs

LahoreFM03:33:57 GMT - 06/29/2010

06/28/2010 16:42:01 FM Lahore 8
snp close under 1072 today can have an epic aversion week which may well last all July too.

there was a good chance for jpy crosses to rally today but it fizzled out.
----------------
it seems the epic proportion aversion is about to get underway.

LahoreFM21:49:28 GMT - 06/28/2010

dc CB,i am not well informed about the legislation and the politicians involved but i can say this that after the crisis of last two years or so it was high time that those who made a few million or few hundred million a day while they jeopardised the semblance of financial security of the commoners selling them toxic paper or toxic mortgages shud have been brought under greater regulation.

perhaps we need the second leg down for that.

dcCB21:35:14 GMT - 06/28/2010

FM

from the other side

GVI Forex Jay 21:22 GMT June 28, 2010
Headlines and Discussion: Reply
Monday, June 28, 2010 5:18:57 PM
UPDATE: Democratic Senator Russ Feingold says he will vote against the FinReg bill in the Senate
- After the death of Senator Byrd, the bill would need the vote of moderate Republican Senator Brown to pass.

dcCB18:39:39 GMT - 06/28/2010

fwiw
one way to steepen it back up is to take the pressure off stox and to get back into a Risk-on phase.

dcCB18:34:17 GMT - 06/28/2010

cheers FM.
here's an interestesting view...on the curve trade.

"As we have long been warning, the most popular trade in rates over the past year, and the one that Morgan Stanley has gotten virtually all of their clients into, whether outright or through CMS and other contraptions, has been the bullish steepener trade........

...In the meantime credit funds are losing tens of billions, and are forced to seek liquidation of other positions. In fact, one very, very prominent hedge fund is rumored to be selling off parts of its gold exposure to mitigate collateral requirements as it is yet again incorrectly positioned in the treasury curve."

the other side of it is to get a close today over 1080 in the SnP and rally into the end of the month, then a failure at the 200dma.

Comex gold is down 17 bucks, silvr 40 cents, implying to me, a setup for a manipulation pushing stox higher. Watch the financials, can't rally without them. Death of WV Senator Byrd re-injects uncertianty into the Senate passage of the FinReg bill.

LahoreFM16:42:01 GMT - 06/28/2010

snp close under 1072 today can have an epic aversion week which may well last all July too.

there was a good chance for jpy crosses to rally today but it fizzled out.

Richland QCMailman16:24:21 GMT - 06/28/2010

Hi there. 4hr still bullish but now at risk of correction from R1 area at 1.5120-110. 1.5060/70 may hold the bulls. I am square on this one so far.

EuropeTheorist16:11:40 GMT - 06/28/2010

GBPUSDEntry: Target: Stop:

Captain Mailman .. whats your spin in this pair... next 4 hours

Cheers

Richland QCMailman14:34:10 GMT - 06/28/2010

Hi jj. Yup 89.06. Another touch of that price may push us down more. Price was rejected when it rallied to 89.20 earlier from 89.06. Market still undecided which way to go. But unless 89.20 gives way (again), then we could see more downside penetration.

lkwdjj14:29:28 GMT - 06/28/2010

mailman 8906 s1 on daily pivot. might need some news or event to push through on a quiet day. little data and end of month/quarter/half year.

USD/YEN - turtle-paced bounce from 89.20 major support. I won't be surprised if we will see 88.40 later should 89.20 succumbs.

LahoreFM13:17:13 GMT - 06/28/2010

112.00 looks like a natural level if eurjpy is to show its bullish inclination!

LahoreFM13:15:32 GMT - 06/28/2010

jury is still out on jpy direction.i suppose it will crystalise today.my bet is for a weaker jpy and strong crosses for jpy.

LahoreFM22:51:27 GMT - 06/27/2010

a weak jpy is possibly the main theme for this trading week!

LahoreFM04:32:14 GMT - 06/25/2010

BuyEURGBPEntry: 0.8241 Target: 0.8360 Stop: 0.8190
long now.

BHMike Bor23:17:21 GMT - 06/23/2010

Hi folks!
I gotta question about the forex robot. I was recommended to use one by censored from www.robot4free.com as a free and easy software for auto trading.
Does anybody have any experience of using it? Thaks for the answers.
Mike.

Now the markets are in the hands of China, according their wish of manipulating their currency up or down, until this fashion will eventually fade away.

LahoreFM10:02:37 GMT - 06/22/2010

all the hyper theorists and analysts who presented aud and nzd and cad strength as a foregone conclusion and as a natural consequence of CNY revaluation may need to review it all in coming weeks and months.

HK kevin 15:54 GMT June 9, 2010
Trade Ideas: Reply
HK kevin 14:26 GMT June 9, 2010
Trade Ideas: Reply
Quite a good bet for intraday trade. Short AUD at 0.8325, also stop at 0.8381.
Not looking good of my short AUD position. 10-day ma at 0.8354 cap the upside today, but the flat line may be broken in the next two days. Plan to exit at breakeven or lower level if lucky. The lowest level I can see tomorrow is ~0.8250.
Out at 0.8312 for a few pips. Don't want to hold position before the employment figure.

HKkevin15:54:39 GMT - 06/09/2010

HK kevin 14:26 GMT June 9, 2010
Trade Ideas: Reply
Quite a good bet for intraday trade. Short AUD at 0.8325, also stop at 0.8381.
Not looking good of my short AUD position. 10-day ma at 0.8354 cap the upside today, but the flat line may be broken in the next two days. Plan to exit at breakeven or lower level if lucky. The lowest level I can see tomorrow is ~0.8250.

stops raised,1/3rd clsoed at 1.7502 now
--
closed another 1/3rd now at 1.7755 for 456+.stops to entry on last 1/3rd

St. LouisSAJ00:49:11 GMT - 06/07/2010

For those who have been correct about the direction of EUR/USD, I should strongly suggest taking some (temporary) profits here under 119.

Both EUR and USD are, pardon me, kwapola, and while they will both surely degrade over time (EUR first, imho), their collapse will NOT be in a straight line.

Good trading to all!

LahoreFM00:42:49 GMT - 06/07/2010

06/04/2010 15:55:15 FM Lahore 16

Buy EURUSD
Entry: 1.2000 Target: 1.3000 Stop: 1.1880
second attempt to long off monthlies and make money on it.
long now.
-
stopped for minus 120.

LahoreFM12:41:38 GMT - 06/05/2010

sao,quite agree with what you say on the fundamental picture supporting this tech view on jpy.

good trades!

sao04:34:32 GMT - 06/05/2010

FM,

i share your views on long usdjpy and eurjpy. I am with you and hope we all have a great next week. You have the technical view. On a fundamental basis, Mr Kan could welcome us with an intervention or maybe PBOC and SNB squeeze a little bit under the lemas " it is on China and Swiss big interest". European officials can't say nothing and US officials with Geithner in the first row will be very happy to see euro stabilizing around 1.22-

About S&P, many are saying now that yesterday fall was exagerated. Just one bad NFP on the last five NFP is not so terrible . Lets see.

USABAY21:28:26 GMT - 06/04/2010

LAHORE FM,

THANKS FM, Have a great weekend and many good trades to you

LahoreFM21:03:24 GMT - 06/04/2010

BAY i think that's how it might work.higher usdjpy first and likely the jpy crosses too.

kb,eurusd above 1.1970 on monthlies enough for me to attempt one more long,eurusd higher levels can become attractors thus would expect directly higher.not all my entries are the best possible prices though.

good weekend all!

jerusalemkb17:03:41 GMT - 06/04/2010

FM, don`t you think we should give eurusd a breath before going long , as per weekly chart there is a target at 1.1870/1.1914.
i m just shareing some idea as i am short from 1.2120 for 1.1914 and i did not partial close my profit but your call make think a little

LahoreFM17:01:23 GMT - 06/04/2010

many thanx kb for appreciation.

many good trades to you!

jerusalemkb16:50:29 GMT - 06/04/2010

FM, touch wood very great call and on time calls on audusd , gbpaud and usdcad.

LahoreFM15:55:15 GMT - 06/04/2010

BuyEURUSDEntry: 1.2000 Target: 1.3000 Stop: 1.1880
second attempt to long off monthlies and make money on it.
long now.

traders have to make a long/short list and put all pairs on it . then if you see for instance cad in both columns you cross it out and whatever is left is what you have. very tricky if you do it in ones head . i sell usdjpy and buy gbpjpy . end up long gbpusd. but if you dont think long gbpusd is right, than youve got a problem on your hands. the reason behind the confusion is in both pairs usd and gbp were the first usd/jpy and gbp/jpy. but after you figure it out you end up long gbpusd. the short usd is the problem where it came from..because you saw it first/xxx and now its xxx/usd.

sorry for being so lengthy but as i see others made a mistake and the computers WONT do it for you, you have to study this.

GVI ForexJay15:08:12 GMT - 06/02/2010

AS, it was a mistake and we deleted the posts to avoid confusion.

BelgradeAS15:04:09 GMT - 06/02/2010

NYC JM 14:46 GMT June 2, 2010
Trade Ideas: Reply
FM, if you are long usdcad and long gbpcad, then you are effectively long gbpusd and flat in usdcad??
------------------------------------------------
i read this 28 times ...and still don't get it!
this statement is either an obvious mistake or i'm too old and slow for this game!

GVI ForexJay15:00:31 GMT - 06/02/2010

jj Correct and will erase the mistake

LahoreFM14:43:10 GMT - 06/02/2010

BuyGBPCADEntry: 1.5206 Target: 1.6206 Stop: none at the moment
lonng now .earlier attempt at a long was minus 250 pips.

i see a nascent uptrend for jpy pairs,that is to say higher usdjpy and eurjpy and so on.

i link this too with what happenes to aud with gdp release for australia.

LahoreFM22:26:26 GMT - 06/01/2010

LA LA,it is certainly good to follow one's own method...after all market is made up of so many varied views and interests.

good trades!

LALA22:23:32 GMT - 06/01/2010

SellEURUSDEntry: Target: Stop:
Watching the forum you would think eurusd was in a bull trend with more calls for buys than sells or so it seems. I prefer to go with the trend and wait for the rallies to sell. Patience pays off.

LahoreFM22:16:30 GMT - 06/01/2010

Zeus i can already smell tomm's bbq and fresh mango lassi!

LahoreFM21:51:40 GMT - 06/01/2010

all of tomm's session would be dictated by what happens to audusd with its gdp data release.

and btw - it's the same question - the slide in stocks, commodities etc started in the NY session opening and the downgrade was announced afterwards - so isn't price a better indicator of what's coming?

sofiakaprikorn16:55:33 GMT - 05/28/2010

it is seems a Downgrade on the end of the week has become the Friday Special....
a bit contrary to the original Thank God It's Friday!!!

LahoreFM16:48:06 GMT - 05/28/2010

the risk currencies other than euro looking more shaken.a tradable observation!

LahoreFM16:46:13 GMT - 05/28/2010

Fitch's wel timed friday european downgrades ahve become a joke.i would surely be cautious selling eurusd on that.

LahoreFM14:43:28 GMT - 05/28/2010

SellS&PEntry: 1097.50 Target: 1000 Stop: 1112.50
sold.

LahoreFM22:08:05 GMT - 05/27/2010

SellCrudeEntry: 74.80 Target: Stop: 76.20
sold july crude.

still see a day of test on friday for this nascent eurusd rise and jpy crosses recovery higher alongwith stox and crude.

totally agree with u fm regarding gbpusd and being a victim ( preparing to be the biggest victim), now if i am right it may target 1.3807(423.6 fib ret.)continuation may test 1.3505 break ..........!!??1.2100!!!!!!
what i am worry about is SL hunting mode in market now. but i am in eurgbp but with lower stop

LahoreFM09:59:25 GMT - 05/19/2010

Rana,usdjpy longs stopepd for me at 91.30,will wait and see if there is any fresh opportunity from any side,buy or sell.an advisor i use shorted at 91.94...but humans and advisors are not really the same people!

tokyoginko09:57:59 GMT - 05/19/2010

yah! Zeuster!

LahoreFM09:57:11 GMT - 05/19/2010

NEW BABY
---------
Zues,cheers for the new baby!!

tokyorana09:56:09 GMT - 05/19/2010

Dear FM brother,
how are you?
yen getting strong and strong against our expectations.....
what do you think now?
happy trade,
best regards

Lahore FM.. they also have the UltraShort Yen.. YCS which provides some great opportunities given our above average insight (cough cough splutter) into currencies.

I'm chatting with the guys there about a pacific class Short...

LahoreFM14:02:58 GMT - 05/17/2010

Theorist thanx i have read the post regarding this special etf and seen the link too.thanx for the idea!

EuropeTheorist13:58:30 GMT - 05/17/2010

Lahore FM.. posted something you might be interested in earlier with respect to an ETF Ive been doing very well on... NYSE EUO... double down EURUSD ETF... use it to hedge my EURUSD positions sometimes .. check symbol out on morningstar or NYSE

EuropeTheorist13:55:36 GMT - 05/17/2010

Yeah I know.. but have and hold the faith in you and the pair... >saw my censored with Gold today ... so pissed with it ...<

i think tomm;s aussie jobs figs will and aud direction therof will amke for usd direction and jpy pairs direction for the remainder of this quarter if not for rest of the year!!

-------------------
the stage is all set now,let us see about it!

LahoreFM22:11:25 GMT - 05/12/2010

tha's good to know Theorist dear!

over years i have found out that all different technical systems systems have similar conclusions when they are good even if they have no technical tools in common they reach similar conclusions on direction and prices that matter in a possible move...in addition to this the trader has to do some additional divination from experience and from backdrop sentiment.

HFT the target mentioned of 500 pips is a realistic one.it can happen fast as you saw last week.what's the low of last week?its around 70 i think.we can ahve highs around 77 soon.early next month,late this month maybe.

the preferred trigger is aussie jobs report,2nd trigger higher stox on the week added with weak jpy.i see jpy breaking higher decisively.that will have the commodity trio tagging along.

EuropeTheorist21:49:54 GMT - 05/12/2010

BuyOTHEREntry: Target: Stop:
NZDUSD

Dear FM what is a realistic target

LahoreFM21:45:57 GMT - 05/12/2010

thanx Ginko!

tokyoginko21:41:19 GMT - 05/12/2010

well done! FM...keep it coming!

LahoreFM21:30:51 GMT - 05/12/2010

BuyOTHEREntry: 0.7139 Target: Stop: 0.7040
long now for a 500 pip ride higher.

Buy USDCAD
Entry: 1.0060 Target: Stop: at a later time
entered long usdcad orders at 1.0060,removed stops for earlier long 1.0095 which were placed at 1.0060.
--
fileld 1.0060,sl in.
--
closed last long usdcad 1.0095 for a 500 pip profit some mins ago.

Sell OTHER
Entry: 87.08 Target: 82.00 Stop: 88.10
sold this as 2nd trade of the month of May.

i have taken a loss of about 60 pips on selling it once on friday.
--
half out at 86.08 now for 100+,stops to entry for remainder and for target 82.00.
--
target doen at 82.00 though now out at 82.60 for a goodly 447+

LahoreFM14:59:09 GMT - 05/06/2010

05/04/2010 14:39:21 FM Lahore 12
audusd target remains 0.8200 for oil its 78 a barrel for usdcad 1.08 and nzdusd 0.6500 for audjpy 82,00..i am in some of these trades where not stopped short of holding!
--
two of the targets close at hand..oil and audjpy.i am in audjpy short from 87.08.oil though slipped and i got stopped a few times trying to ride this.let us see about audusd and nzdusd and usdcad hereon.quite likely pretty soon.

Sell EURGBP
Entry: 0.8700 Target: 0.8500 Stop: 0.8760
selling the pair as one of the trades for the May month!
--
half outed at 0.8622 and stop lowered. for remainder.
--
rest out now at 0.8508 for 192+ in all.

LahoreFM22:28:48 GMT - 05/04/2010

cheers KB,many more good trades to you!

jerusalemkb22:04:25 GMT - 05/04/2010

that was really a great call for 2 ressons , it is leading the market until now and it gave me the apportunity to get 250pips from gbpchf.
great call from a great trader

I feel the same. Usually new mid term high on gold is not reached in 1st attempt. And this one is the 1st one after 1220 was reached. My wild guess would be that new high is taken in autumn.

LahoreFM14:41:54 GMT - 05/04/2010

aye,gold is keeping a bullish facade under other pretexts.stagflation and such and cunning politicians and corporates and soverign debt fears.still i think it may not eb able to keep the bullish demeanour all by itself!

usd and gold may still remain inverse!

LahoreFM14:39:21 GMT - 05/04/2010

audusd target remains 0.8200 for oil its 78 a barrel for usdcad 1.08 and nzdusd 0.6500 for audjpy 82,00..i am in some of these trades where not stopped short of holding!

jkt-aye14:38:51 GMT - 05/04/2010

FM...as you mention aud, cad and nzd, is there any relation with gold ? tia.

LahoreFM14:34:33 GMT - 05/04/2010

the retraces which have just about started now on audusd,usdcad and nzdusd and the jpy pairs for these will be most likely much deeper.there is no succour or positivity for any of these imho!

Sell S&P
Entry: 1194.25 Target: Stop: tentative pnly 1210
sold june contract.this week can cause quite a bit of grief for stox.
--
closed half at 1177 now.stops to 1196.00 for remainder and target of 980.

guess this target may not be met within the contract period of june ..but you never know

tokyorana13:41:48 GMT - 05/04/2010

what a day exactly what i was expecting same move like last tuesday...again lots of pips..happy trade,

LahoreFM13:40:38 GMT - 05/04/2010

Porto Cubriclas 13:37 GMT

Cubriclas,its very kind and sweet of you to say that.charmed here!

PortoCubriclas13:37:36 GMT - 05/04/2010

Last night in the place i work i was talking with other guy about stocks and forex and i ask him "do you know from where is the worlds best forex trader?". He says "No" and i answer "from Lahore in Pakistan".
FM, great trades almost the time!

LahoreFM13:32:28 GMT - 05/04/2010

SellEntry: 94.00 Target: Stop: 94.60
04/28/2010 16:48:16 FM Lahore 71

Sell USDJPY
Entry: 94.00 Target: mid 91 Stop: 94.60
sold.
--
was not so fortunate here and on crude.usdjpy stopped for minus 60 and crude last attempt also stopped for minus 60.though both may fall and keep falling.audusd has been another sore that weeps.

Buy USDCAD
Entry: 1.0060 Target: Stop: at a later time
entered long usdcad orders at 1.0060,removed stops for earlier long 1.0095 which were placed at 1.0060.
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fileld 1.0060,sl in.
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half closed 1.0134 now,stops raised to 1.0030 for remaining.
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rest out at 1.0222 now for a good profit.

Rana dear,135 shud be the next stopover.i agree with you about reselling but i get tired of the game some times.

LahoreFM16:19:35 GMT - 04/30/2010

sorry for the double post,can someone kindly remove the higher one?usdcad stop amend is 1.0020 and not 1.0030.

tokyorana16:19:06 GMT - 04/30/2010

Dear FM bhai jaan,
you stopped gbpjpy short or again short?its crazy today....
what is ur thoughts about gbpjpy?
monthly and weekly close is important or not in this pair?
bcoz this pair not follow technicals....
waiting ur answer...
happy trade,
best regards